Businessworld.ie: 41% of Irish will be relying on the state pension as main source of income

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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.

https://www.businessworld.ie/financial-news/41-of-Irish-will-be-relying-on-the-State-Pension-as-main-source-of-income–574860.html