Worries over retirement income

A survey found that around 60 per cent of retirees say they have a monthly income of at least $1,379, an amount experts recently recommended as necessary for a basic standard of living.
A survey found that around 60 per cent of retirees say they have a monthly income of at least $1,379, an amount experts recently recommended as necessary for a basic standard of living.PHOTO: ST FILE

Working hard all your life does not mean you will have enough saved to enjoy your golden years - a distressing outcome highlighted in a new survey.

It found that around 60 per cent of retirees say they have a monthly income of at least $1,379, an amount experts recently recommended as necessary for a basic standard of living.

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A version of this article appeared in the print edition of The Sunday Times on June 02, 2019, with the headline 'Worries over retirement income'. Print Edition | Subscribe