Posted 20 days ago

Women 60-69 in UK - Approaching State Pension Age With No Pension

Sandra, 65, is approaching the state pension age – a time when most people are either winding down from work or have retired already. The problem is that Sandra, from Warwickshire, has no pension savings. Over the years she's had good jobs and even ran her own business at one stage.But a series of life events and decisions mean she's not managed to save anything towards retirement. Sandra isn't alone. One in six people are approaching their late 60s without a private pension and low household savings of less than £25,000, according to the UCL Centre for Longitudinal Studies. But Sandra has such a positive attitude. It was great interviewing her for the Daily Mail (link in comments). She says: "Even if I wanted to retire I couldn't. And I’m not alone as I’ve spoken to many other women who are in the same position. But I'm not frightened. Age is just a number." Thanks to Sandra and also to Marianna Hunt at Fidelity and Gary Smith at Evelyn for their expert commentary. If you have a money story to share, please let me know.
Daily Mail logoDaily Mail
Sourcee Logo

Brought to you by Sourcee

We find journo requests from across the web and deliver them directly to your inbox.

We Monitor the Web for Journo Requests