The average pension and investment savings of generation X are not enough to fund even a modest retirement, research carried out by Dunstan Thomas has found.
Dunstan Thomas' research found the typical 40-55 year old UK resident has £71,591 saved in non-pension investments. This compares with £63,809 for those aged 39-41 and £78,375 for older generation Xers aged 51 to 54. According to Dunstan Thomas gen Xers have more than twice as much money held in their pension than they have saved as non-pension investments, however they still do not have enough put away to fund even a modest retirement. The average pension savings of UK gen Xers is valued at £159,837 and the typical person in that age group contributes £200.60 per month to their ...
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