Millions of UK retirees don’t have enough in emergency savings

Almost half (46 per cent) of retirees across the UK do not have enough money in emergency savings, according to research by Focaldata.

As reported by our sister publication MoneyAge , those aged 65 and over are most likely to describe themselves in good or excellent financial shape at 49 per cent, which compared to 33 per cent overall.

Statistics from a national representative survey of 10,030 UK adults, carried out by Focaldata in June, revealed that 21 per cent of retirees think they have plenty of money set aside for emergencies, but actually fall short.The findings also showed that 37 […]

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