The average pensioner’s annual income is £19,240 – how much do you need to save?
The average pensioner receives £19,240 per year, but saving enough to fund that retirement income is difficult.
Many people are unsure of where to begin.People who rely solely on the State Pension will fall far short.Building a personal savings account is critical, but many people face two issues.The first is that most people have no idea how much total savings they’ll need to retire comfortably.The second reason is that they have no idea how much annual income their savings will provide.Andrew Tully, technical director at Canada […]
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