Retirees wanting a comfortable retirement and enough money for care would an estimated £470,000 in retirement wealth, according to wealth manager and financial adviser Quilter.
Using the PLSA’s Retirement Living Standards definition of what constitutes a comfortable retirement, a single person would need to build up a pot of around £360,000, in addition to the state pension, to cover a comfortable retirement lasting from age 65 to 81.
However, the average length of ...
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