Moderate standard of living in retirement costs £8,000 more a year, industry body says
Cost of living pressures and changed socialising priorities in the wake of pandemic-era lockdowns have brought about the changes.
Source: sky.com
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Millions will have to pay 34% more for 'moderate' retirement - see how much money you need
The new Retirement Living Standards index shows how much money you need in later life to cover basic expenses, as well as luxuries - with the cost of living adding to expectations
Source: mirror.co.uk
Income needed to retire jumps as family costs rise
Experts estimates that a single person needs £31,300 a year for a moderate retirement, up £8,000 on last year.
Source: yahoo.com
Cost of moderate retirement up £8,000 a year in the UK | Burnham and Highbridge Weekly News
The cost for an average person to retire comfortably is up £8000 a year in the UK due to rising prices and shifting priorities.
Cost of moderate retirement up £8,000 a year in the UK
The cost for an average person to retire comfortably is up £8000 a year in the UK due to rising prices and shifting priorities.
Source: bridgwatermercury.co.uk