How much to save for a comfortable retirement?
The Express reports: “With the full new state pension amount currently valued at £168.80 per week, those eligible may be able to claim the maximum £8,777.60 per year once they reach their new state pension age. However, many people will supplement this with a private pension - such as a workplace pension or a personal pension.
According to a new study by Aviva, 8.9 million employees aged 45 or older (64 per cent) do not know how much they will need to save for a comfortable retirement. Meanwhile, 5.1 million (37 per cent) do not know how much they have already saved in their pension, the figures show.” Read more