Are You Saving For Your Retirement Yet?
8:28am 4th December 2013
Less than half of Dorset residents have started saving for their pensions, according to new research.
Despite having more realistic expectations about retirement income than the rest of Britain, its claimed only 44% of people in the county are putting something away for their retirement.
However, the research carried out by investment management firm, BlackRock, also shows that people in Dorset are more realistic in terms of their retirement needs than the average Brit.
Dorset residents expect to live off of an income of only£20,231 compared to the national expectation of £27,394.