The majority of higher earners expecting to maintain their current lifestyle in retirement are set for a disappointment according to the latest figures on savings. How much are you hoping to be spending each year in retirement? According to savings and pensions experts HL, if you have your sights set on an income of around […]

New data has revealed just how much you will need to have an annual income to enjoy a “moderate” lifestyle in retirement. The new stats are from Hargreaves Lansdown’s “Savings and Resilience Barometer” and put the cost of a moderate retirement income at £25,000 per year for a single person and £36,480 for a couple. […]

New research shows that a significant proportion of people in the so-called “sandwich generation” find that worrying about their future retirement finances is actually affecting their mental wellbeing, while one in six admit to “having their heads in the sand”. The research from Hymans Robertson Personal Wealth (HRPW), which focusses on those born between 1964 and […]

The NHS does amazing work, but the pressures it faces means that sometimes those with some health conditions can wait longer than they’d like for a diagnosis or treatment. So what are the actual benefits of taking out Private Medical Insurance – especially as you get into your 50s and beyond? RetireEasy has got together […]

How much difference could renting in retirement make to your outgoings… and the amount you need to put aside? New figures reveal all. People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid off their mortgage, according to new analysis from Standard Life, part […]

New figures show what those saving for retirement are aiming for. But will they achieve the lifestyle they want… or will some fall short? New research from online pension provider PensionBee has revealed a worrying knowledge gap among some Brits when it comes to the critical question: “How much money will I need in retirement?”. […]

Are pension savers being short-changed? New analysis shows how badly many long-established pension funds are performing compared to simple FTSE tracker. Research by AJ Bell has shown that a staggering nine out of ten pension funds (91%) have underperformed a FTSE All Share tracker over the last ten years. Some 72% of UK pension funds have underperformed […]

Both main political parties will be keen to put some “clear blue water” between themselves and their rivals in the weeks ahead on a whole range of policies. But what should savers and investors be watching for in the opposing manifestos and speeches? By Tony Watts OBE. “It’s the economy, stupid”, goes the oft-quoted refrain […]

What is the average income in retirement for today’s retirees… where is the income coming from, which regions are doing best and what trends can we see emerging? New data from the ONS reveals all. The Family Resources Survey (FRS) for the financial year ending (FYE) 2023 has just been published by ONS and it […]

March marked the tenth anniversary of the announcement of “Pension Freedom and Choice” reforms which, along with Auto-Enrolment, represented the two major shifts in pension policy enacted under George Osborne. What have been the long-term impacts for savers? asks Tony Watts OBE. Up until then, savers reaching retirement were all channelled down the annuity route. […]