Phoenix GroupFeb 12 2024

‘Cost of being single’ can impact retirement saving

Search supported by

‘Cost of being single’ can impact retirement saving — People who live alone spend on average 92 per cent of their disposable income each month, compared with people in two-adult households who spend only 83 per cent. (Pexels/Sebastian Arie Voortman)

comment-speech

Nearly half (45 per cent) of adults think it is easier to plan ahead for retirement when savers are in a long-term relationship, according to research by Phoenix Group.

More onPhoenix Group

Apr 29 2024

Single pensioners need £277.5k more in pots than couples

Mar 22 2024

Phoenix Group sets aside £70mn for consumer duty fee cut

Phoenix Group sets aside £70mn for consumer duty fee cut

Feb 22 2024

Coalition across sectors will tackle issue of vulnerability

Jan 31 2024

Third of Gen Z expect property to fund retirement

Jan 26 2024

Less than 10% of over 65’s confident about their finances

Related Topics

Retirement Income

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