printer logo

A ripe old age?

1 June 2007

If, like half the adult population of the UK, you have little or no savings - what kind of future awaits you in retirement?

  • The dream and the reality
    If you haven’t been saving for the best part of your working life, your dream could become a bit of a nightmare
  • The longest chapter in the book of life
    People are living longer. You might have to support yourself for 20 years or more after you ‘retire’
  • Counting the cost of living
    £50,000 sounds a lot of money, but it equates to less than £6.50 a day. Barely enough to meet the basics
  • The future value of money
    Inflation will eat into the value of your savings, but take heart there’s a lot you can do to make life more comfortable
  • Your future, saved
    Save as much as you can for as long as you can – and start today. Get the power of compound interest to work for you
  • It's never too late to start saving
    If you can save less than £3.50 a day, you would be able to put away £100 a month
  • Where to get help
    Calculate your pension, give yourself a financial health check, or find an Independent Financial Adviser (IFA)

Where next?

If you still want to know more, here are some links you might find useful:

Retirement

Tools & tips

For practical help on a wide range of money issues - look no further.

Jargon buster

Sometimes we can't avoid using technical terms - discover the real meaning behind the language of finance

In order to provide you with the fullest range of information and opinion, we draw from a wide range of sources and so the views expressed here do not necessarily reflect those of NS&I.