Holiday v Pension – you decide

A survey by Prudential has revealed that nearly 3 million working age adults will prioritise going on holiday over continuing to save for a pension as they look to make cutbacks as their incomes are squeezed.

Furthermore, an estimated 2.5 million people (representing 10% of all those who have started to save for retirement) would continue to spend on nights out with friends and trips to the cinema ahead of maintaining payments into their pensions.

 

Source:  Credit Action November 2011 edition

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s