Legal news

More people struggling to fund retirement

Jonathan Winston Jonathan Winston
1 min read
This blog is more than 16 years old

A new survey suggests that a large number of people heading towards retirement are struggling to fund the lifestyle they want when they give up work.

The survey, from insurer Aviva, showed that over half of those earning between £20,000 and £30,000 a year have saved less than £30,000 towards their pension. That would mean an income of just £165 a month if the money was used to buy an annuity. However of those who had saved less than £30,000, 23% still expected to have a comfortable retirement.

Clive Bolton, a retirement director at Aviva, said: “Babyboomers have enjoyed certain benefits such as rising house prices and final salary pension schemes, but unfortunately many still struggle to fund the retirement lifestyle they desire. In the run-up to retirement, people should think about how they want to spend their days, and in reality, how much this will cost.”

Client feedback

Sidraa and Paulo were extremely good dealing with our house sale and purchase. We were kept updated at each stage of the process and found it easy to contact them when we wanted a to have a chat. Thank you for making everything run smoothly.
Brian
As executors of my Mum’s estate we needed to apply for Probate. We met with Monika Volsing to discuss Probate and she talked us through the process and was very friendly and helpful. Any questions we had were always answered promptly. The whole process was very quick and we cannot fault anything.
Tracy
I have found Winston’s excellent in dealing with our conveyance. This firm totally deserve 5 stars and industry awards received. They are professional, friendly and respond to all docs in an extremely straightforward way. Their pricing is also extremely reasonable. I would have no hesitation in recommending this firm and would use them again should the need arise. I would like to give a special mention to The legal representative Michelle Ayres, who dealt with the sale of mum’s house in an extremely efficient and safe manner.
Melanie
have used Winston Solicitors many times when buying and selling houses wnd would use them again if the need arose.
Tony
Extremely responsive and helpful. Always knew what stage of the process I was at
Zoe
Winston Solicitors helped me with the purchase of my first ever property. I worked directly with Leasa Foster and Julie Smith. From start to finish they were very efficient and offered detailed information for each step of the way. As a first-time buyer, I wasn’t familiar with the process or what to expect, so having everything explained clearly and receiving detailed guidance at every stage was very helpful. Whenever I had a question or needed to discuss something, there was always someone available to assist, even when Leasa was not there. I always felt well supported and guided throughout the process, which made everything feel straightforward and ensured the purchase went as smoothly as possible. I’m very happy that I chose Winston Solicitors and would highly recommend them.
Anonymous
Great service the team at Winston’s solicitors are amazing at what they do! Thank again guys
Anonymous
Winston Solicitors represented me excellently and we're in frequent contact me throughout the process. The staff are very helpful and communicate exceptionally well. I am very thankful for there assistance during a very stressful period of my life.
Nathan
Contact us