The younger generation have conflicting opinions from their parents on the adequacy of retirement income that ensures a decent standard of living, new research indicates.
A survey conducted by Just Retirement, questioning a split amount of retired and pre-retired individuals, finds 82% of retired people are ‘happy’ with their standard of living. But more than half of younger brits are worried their parents are not as comfortable as they themselves woant to be in retirement. The survey finds 36% of retired individuals would like to boost their income, although 95% want to sit on their properties for as long as possible. Moreover, eight out of ten older respondents say leaving an inheritance is vitally important, while the same number of pre-retireees expe...
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