People coming up to retirement are choosing to save rather than spend, research has found.
Prudential's Class of 2012 found six in ten (57%) surveyed will save to have enough to live on in retirement, while others (43%) would prefer to spend money on leisure, with travelling (35%) a top priority for many. Vince Smith-Hughes (pictured), retirement income expert at Prudential said: "Today's retirees are likely to spend longer in retirement than previous generations so it is encouraging to see that they understand the importance of saving money to ensure they can live comfortably." In addition, women are more likely than men to prioritise saving during retirement - 62% of wome...
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