£100k annual retirement dream Are Your Retirement Expectations Realistic? Recent research reveals a striking generational gap in retirement expectations. Over 22% of young adults (ages 18-34) believe they will need an annual income of £100,000 for a comfortable retirement. This figure sharply contrasts with the £43,900 estimated by Pensions UK for a single individual. What’s driving this disparity? - Guidance Gap: A mere 3% of those aged 50-69 expect to need the same six-figure income. With ongoing speculation about tax reforms, the landscape for savers is becoming increasingly complex. - Anxiety and Inaction: Over 26% of individuals feel anxious about their retirement funds after checking their pension balances, yet 52% have never sought professional advice. This reluctance could seriously hinder achieving a comfortable retirement. - Generation Shaped by Uncertainty: Having faced multiple economic downturns and rising housing costs, younger adults are understandably concerned...