Savings boost of 15% needed for young people to retire early

L&G highlighted the ‘power’ of compound growth when it comes to pension saving

Holly Roach
clock • 1 min read
Savings boost of 15% needed for young people to retire early

Young workers need a 15% boost to their savings if they want to retire early, research by Legal & General (L&G) reveals.

The research showed 17% of savers aged between 22 and 32 hope to retire before aged 60 with 70% expecting to retire before the current state pension age. As a result, savers in this age group wo...

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