Housing costs put comfortable retirement out of reach for most savers

Hymans’ modelling shows savers will need to work longer and increase their contributions to achieve their desired RLS

Martin Richmond
clock • 3 min read
Housing costs put comfortable retirement out of reach for most savers

The cost of housing in retirement would make the “comfortable” retirement living standard (RLS) unattainable for the majority of savers, analysis from Hymans Robertson finds.

The consultancy's modelling found – following the update to Pensions UK's RLS which are based on expenditures in retirement and do not include housing costs in retirement – the prospect for savers ...

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Martin Richmond
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Martin Richmond

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