31 March 2010
According to a Prudential study, based on a survey of 1001
people over 45 years old, 18 per cent of people retiring in 2010
expect to receive less than £10,000 a year from their
pensions and investments, as expected incomes drop for the third
year running.
Retirees in 2010 expect to be £1,270 a year worse off then
their 2009 counterparts, and £2,154 poorer than the 2008
group.
Average annual incomes for those retiring this year are
£16,509 compared to £17,779 in 2009 and £18,663
in 2008.