TWO in three Scots who are close to retirement do not have the pension savings to sustain their planned income, a new study has warned. The inaugural Class of 2021 report surveying those planning to retire this year, reveals how ready people are to retire, identifying what worries and excites them most, and how recent events have impacted their plans for retirement. And the study by Standard Life Aberdeen has found that 66% of 2021 retirees in Scotland risk not having enough for what they need when they stop working. The research which examined people's pension pots against their spending aspirations found that a 2021 retiree in Scotland planned to live off £21,331 a year in retirement – almost £10,000 less than the average UK household income (£29,900).