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How inequality stretches into retirement:

Of those able to pay into a defined contribution pension over half do not think they are saving enough; that will be an underestimate as people often underestimate how much they need to put in a pension for a 'comfortable' retirement.

And why don'e they pay more in? because they can't afford to!!!

Its no use lecturing people that they need to save more for their retirement, first you need to ensure they're paid more!!!


h/t FT

@ChrisMayLA6 I'm pretty sure I'm not saving enough, but I can't afford to put more in and I'm also pretty sure pensions won't exist anymore by the time I hit retirement age so 🤷🏻

Emeritus Prof Christopher May

@afewbugs

Yes, its a difficult issue for so many of us.... and I realise I have been very lucky, unlike many of my younger erstwhile colleagues