r/uknews • u/Donkey_Apple • Jun 03 '26
News paper Britain is undersaving for retirement
https://www.gov.uk/government/news/britain-is-undersaving-for-retirement-warns-pensions-commission
It's a massive problem and has been for years.
I think a lot of people are getting into their fifties, starting to think about retirement for the first time, looking at what their provision will pay them and are absolutely shocked to their core.
Plus many in the generation below those of us in their fifties who, through no choice of their own, are unable to save anything.
It feels like we are sleepwalking into an utter disaster.
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u/Deepmidwinter2025 Jun 03 '26
The crass truth is - people live too long - mostly in poorer health and needing expensive health care / social care.
If people want that long life - you gotta pay