Report: Generation WHY? Money matters in 2018
Key findings
- 43 per cent of the UK workforce think they will retire before the age of 65 – despite an inability to save for retirement due to the costs of day-to-day living.
- 58 per cent wouldn’t have enough savings to live off for more than three months if they were to lose their source of income.
- Just seven per cent would consider approaching their employer for financial advice or guidance.
- The majority (97 per cent) of employees are aware of the state of their current financial health.
Barnett Waddingham surveyed 3,000 UK workers on money matters.