41% of Irish will be relying on the state pension as main source of income


More than 4 in 10 adults expect State Pension to fund retirement according to a survey by protection specialist, Royal London.

The survey of 1,000 adults nationwide, commissioned by Royal London and carried out by iReach, also revealed that 74% of people underestimated how much of a pension fund would be needed to provide a modest pension income of €200 per week, with 60% of those between 18 – 24 significantly underestimating this cost.–574860.html