Researchers questioned 2,000 people about their perception of a happy retirement - finding that most of us long to retire by 63, with a three-bedroom home just 11 miles away from the rest of our family.
Most people said they wanted to have paid off the mortgage - leaving enough spare cash to take two holidays a year. Four in ten (41%) would then like their grandchildren to visit weekly and 29% want to reside by the sea, the Daily Mail reports. But in order to enjoy this lifestyle for 25 years, people must save £1,126 a month during their working life, amounting to £13,512 a year, the research found. This is in addition to receiving the full state pension - currently just £113.10 a week. The research, by older people's charity Anchor, found nearly half of the nation's workforce ...
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