Predicting your income in retirement is tricky at the best of times, even with the help of a financial adviser it can be fraught with difficulties.
The results of research conducted by Consumer Intelligence on behalf of Investec Wealth & Investment are therefore hardly surprising.
Unrealistic retirement expectations
The study found that higher earners, with incomes of over £50,000, expect their private pension to provide an income in retirement equivalent to 44% of their pre-retirement salary.
However, the research also showed that this expectation is unrealistic with the actual income ...