67 per cent of PRs are not saving for retirement
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An illuminating result from our personal finance survey showed that 67.6 per cent of PRs are not saving for retirement. Our sample size for the survey was 37 respondents, so while this is small, the result still shows that PRs are not thinking of retirement yet.
However, 32.4 per cent of PRs said they are saving for retirement. A look at the chart below shows the visual difference between the two:
PRs can find out more information for saving for their futures from National Savings & Investments.
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Saving for retirement is so critical!!! Why aren’t they saving? This is absolutely barking mad. You need to save.
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I think the thing about retirement is that it takes so much time to save for and the return on investment doesn’t seem like it will happen.
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