One in five expect to retire with just £2,500 in savings

Trustees Agenda posted on 15 March, 2017

Research conducted by Nationwide of 2,000 people of working age has revealed that most were upbeat about savings, expecting to have £42,244 in cash savings at retirement, in addition to their pension pot.

For some, however, saving may prove a struggle as 18% of those surveyed expect to have less than £2,500 in cash savings at retirement.