Retired renters face £43bn shortfall - Scottish Widows
Must save £525 more to cover costs
Renters planning to retire in 15 years' time need to save an additional £525 every month into their pension to cover increasing housing costs, according to research calculated on behalf Scottish Widows.
The findings, which were calculated by Development Economics, predicted how the cost of rising rents throughout the next 15 years will affect pensions income. It found one in eight retirees - equating...
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