News
Women £6,000 worse off in retirement
Modern Day Retirement Income The article below highlights the fact that the gap between men’s and women’s retirement incomes is narrowing, but this is more due to male incomes falling rather than women boosting their pension pots. One of the other interesting points was that analysts have found that a 65-year-old man with £100,000 pension pot could have bought a level income of £7,855 in July 2008, but someone in the same situation this year would only receive an income of £5,923, a drop of just under 25%. The gap between men’s and women’s retirement incomes is narrowing, but this… continue reading