« | Home | »

Leaving Your Pension To Luck

By Andy Shaw | January 23, 2010

Originally posted 9th January 2007

Research complied recently has revealed that 80% of people believe that they haven’t saved enough money for their retirement and are now starting to panic or worse they have abandoned hope and are leaving their financial future to luck.

30% of people aged between 55 and 64 have worked overtime in the last year in a desperate attempt to save more as this age bracket believes that they now have to save 50% of their income for their future.

Many however have given up and abandoned any hope for a pleasant and relaxed retirement and have decided to leave their potential pension to the state, gambling, a lottery win or inheritance.

I remember in 1988 when I was working at a company where the van driver was 65 years old and said he wouldn’t be retiring as he had made absolutely no provision for his retirement.

Please Login or REGISTER to read the rest of this content.

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Blogplay
  • LinkedIn
  • Ping.fm
  • StumbleUpon
  • Twitter
  • Yahoo! Buzz
  • Print

Topics: Personal Development, Wealth Creation | Comments Off

Comments are closed.

« | Home | »