Retirement: Average 30 year old needs to save £824 each month into a pension! Or do they?

Crumpled question marks heapA headline grabbing press release yesterday, which caused huge debate on Twitter, could leave many people unnecessarily worried about their retirement planning. The release from the deVere group said: “the average 30 year old British worker should be putting aside £824 a month, if he or she wants to retire at 65 with the recommended level of pension income.” This eye-watering monthly contribution is based on: The UK’s average salary of £26,500 per ...