It is astonishing that such a significant number of individuals don’t feel ready to put something aside for their retirement
As per a report from the Office for National Statistics, a little under half under of think it is. The information uncovered that 46% of adults figured purchasing property would be the most ideal method for profiting for their retirement.
The ONS says that in the last 6 years, the sentiments has increase that the most secure approach to put something aside for retirement was through property. This may be due to the growing confidence in property prices since 2010.
Conversely, the confidence in ISAs and bank savings accounts has been diminishing, perhaps reflecting low interest rates over this period.