InfographicsPensionPensionsPersonal Finance

Are We Sleep Walking Into A Retirement Crisis? [Infographic]

Are We Sleep Walking Into A Retirement Crisis? [Infographic] - Elderly Couple Shopping, By Sjoerd Lammer

An infographic that takes a look into the upcoming pension and retirement crisis.

This infographic from 247Moneybox highlights a lot of the issues that people in the UK are going to be facing in the future if we do not start to save properly for our retirement.

The survey which spoke to 100 UK adults showed that instead of saving for our retirement, people have a range of other priorities including cars and holidays, that they save for before even considering their pension pot.

One of the very important issue the infographic highlights is how the respondents of the survey grossly underestimated how much each person would need to save for retirement, to live on just £17,000 per year.

View the infographic in full below:


Main Image Source – By Sjoerd Lammer

Ad Policy

Poppy
About author

Poppy loves personal finance almost as much as she loves her two cats, Tif and Taz.
    Related posts
    PensionsPersonal FinanceSavings

    ISA Verses Pension Fund: What’s The Best Way To Save?

    Personal Finance

    When Should You Seek A Financial Adviser?

    Personal Finance

    Five Tips For Reducing Your Overdraft Costs

    Guides

    To Save Or Invest? That Is The Question

    📬 Get Money Saving Tips in your Inbox

    No spam guarantee
    Privacy policy