Will Britons will have to work 10 years longer?
Best Advice reports “British men have not saved enough to pay for 10.3 years of their retirement. Women are going to live 12.7 years with no retirement income. Those were the headlines, following publication of a report by World Economic Forum.
The report shows how long the people in six major economies (USA, Netherlands, UK, Australia, Canada and Japan) will outlive their pension savings. The UK is not the worse, that honour falls to Japan. (16.1 years men; 19.9 years women); The best performing of the six countries is USA (8.3 years men, 10.9 years women).” Read more