Urgent retirement warning for anyone on average £35k salary – do you need to act?

PA

BRITS could end up having £700,000 less in their pension pots than they need for a comfortable retirement, analysis shows.

The shocking figures reveal a worker on an average salary of £35,000 starting out today would need a pension pot of nearly £1.2million in 40 years’ time to be able to retire comfortably.

AlamyA worker on an average salary will have £740,000 less than needed in their pension pot[/caption]

That’s according to the Pensions and Lifetime Savings Association (PLSA).