Only one in three people aged between 18 and 29 (30%) are saving anything towards retirement and only 47% aged 30 to 49 are doing so, according to latest research.
People are pinning hopes of fulfilling their dreams on their retirement years, as the current climate makes them financially unreachable today, but without planning ahead, that will not happen, warned a retirement and protection "specialist".
More than half of people (55%) say they have not yet been on their idea of a perfect holiday, and 78% of those still hope to do so later in life or in retirement. However of today's retirees (aged 60 or more), only 52% have had their dream holiday, with one in five (20%) giving up hope of ever doing so. As for people who have not yet achieved their dream home, 41% hope to do so in the future.
Take it from us, this is the ideal holiday of a lifetime.
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