"Have you reached the pension pot target for your age bracket?"
"Around six in 10 Irish workers feel they're not on track for a reasonable standard of living in retirement, according to a recent survey."
"The research, carried out by investment firm BlackRock, found that more than half of us feel we're not contributing enough to our pension savings - but what is "enough"?"
Around six in ten Irish workers feel they are not on track to achieve a reasonable standard of living in retirement. More than half of workers believe they are not contributing enough to their pension savings. The research was carried out by investment firm BlackRock. Many workers question what level of pension contribution counts as adequate for their age bracket. Perceived under-contribution suggests a risk of insufficient retirement income and indicates a need for clearer contribution targets, better saving guidance, and potential policy or employer interventions to boost pension participation and adequacy.
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