15/06/2026
💬 “We’ll Deal With It Later”
Retirement might feel a long way off… but the reality is many people aren’t as prepared as they think.
📊 Around 43% of working‑age people in the UK are under saving for retirement*.
= That’s millions of people potentially facing a significant drop in income later in life.
And when you look at the numbers:
➡️ The average single pensioner income is around £14,644 per year**
➡️ The full State Pension is roughly £12,500 a year
👉 For many, that’s far below what they may need to have ‘few or no money worries’.
The key isn’t just saving, it’s understanding what your future could look like and taking steps early enough to improve it.
Planning ahead could help you:
✔ Close any retirement income gaps
✔ Make the most of tax-efficient savings
✔ Retire with more confidence and flexibility
Retirement planning doesn’t need to be complicated but it does need to be intentional.
If you want to sense-check where you’re at or start putting a plan in place, feel free to get in touch on 02920 039111 or drop me a message.
*when measured against a percentage of pre-retirement earnings (the average over ages 50 to State Pension Age) an individual would need to replace to meet an adequate income in retirement. (from gov.uk)
**(from unbiased.co.uk)
This post is for information purposes only and does not constitute financial advice. The financial conduct authority does not regulate tax-planning.
The value of pensions and the income they produce can go down as well as up and you may not get back the full amount that you originally invested.
The content in this article was correct on 11/06/2026.
