Young need to increase pension savings by 15% to retire early

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
Young need to increase pension savings by 15% to retire early
To retire by 67, the current state pension age, these younger savers would still need to be contributing an additional 3.5 per cent to their workplace pension. (Pexels/Maitree Rimthong)

Almost a fifth (17 per cent) of young savers hope t retire before the age of 60, with 70 per cent expecting to retire before the current state pension age of 67.

For unlimited access to FTAdviser content...

Register now for free

  • Read the latest news and views from the world of financial advice
  • Never miss a story - sign up to our email alerts
  • Bank CPD while you read
Have an account? Sign In