Report says some unable to retire before 86

Analysis of published Government data by the life and pensions firm found the real retirement age of people currently not saving for retirement could be between 74 and 86 if they hope to achieve the "holy grail" of retirement incomes. Senior pensions policy manager Andrew Tully says the figures painted a stark picture of "retirement reality" for man people in the UK today. "The holy grail of retirement saving is to fund an income worth two-thirds of your pre-retirement income," he says. "If people rely on the state in the hope or belief that the government will bail them out, they ...