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Retirement - are you ready?

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A new report by the insurance provider Aegon UK found that only 7 percent of the UK population is close to being ready for the retirement that they want. The Aegon UK Readiness Report found that, on average, the UK wants an annual retirement income of £35,000 (approximately EUR 42,000), but at their current trajectory they are set to see just £12,000 (approximately EUR14,400) a year. This highlights a huge gap between expectation and retirement reality. People are simply not saving enough to have the retirement they would like.
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