Fancy Retiring At 72?

Published / Last Updated on 10/03/2002

According to research by the Pensions Policy Institute, people in their 20's and 30's will need to work into their 70's to build up anything like a decent pension fund.  There are also mute discussions in Westminster that this type of eventuality may even filter through to the Basic State Pension, although that may be many years away.If retiring in your 70's sends a shiver down your spine, take a look at your options now for saving for retirement.  The earlier you start, the less regular money you need to commit.  Likewise, if you want a big pension fund, you are going to have to save more money - the days of 15% interest rates on relatively secure investments are a long way off.  Take advantage of low inflation rates and therefore lower costs of living and up your savings for retirement.  Visit Pensions Adviser.com now.

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