Workers looking to retirement face a risky future ‘at best’ as today’s pensioners live far more comfortably than those still in work will in the future, think tank warns

Workers looking to retirement face a risky future 'at best' as today's pensioners live far more comfortably than those still in work will in the future, think tank warns

Nearly 90% of mid-tier private sector workers saving less than recommended

Those approaching retirement also more likely to have higher housing costs

Savers risk of running out of money too soon if they don’t manage their income | Updated: 19:33 EDT, 19 April 2023 Workers hoping for a comfortable retirement face a risky future ‘at best’, a think-tank has warned.Today’s pensioners live far more comfortably than those still in work will when they reach retirement age, according to the Institute for Fiscal Studies (IFS), who have sounded alarm bells over a looming pensions crisis.Nearly nine in […]

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