Retiring as a Generation Xer

With many ‘Gen Xers’ (those born between 1965 and 1980) having entered the job market too late to benefit from final salary pensions, yet too early to benefit from schemes such as auto-enrolment, this group is expected to face significant challenges in retirement, if policymakers fail to respond urgently.

There are currently 14 million Gen Xers in the UK – 1 in 5 of the total population. On average, people in this group save just £200 into their pension pots each month and 33% of Generation X are at high risk of retiring with insufficient incomes. Read the full article