Saving enough money for retirement can feel like climbing a mountain - but for single people it can be a particularly uphill struggle, and nearly one in five don't think they'll be able to afford to retire.
A study by the pension giant also found 13 per cent of married or cohabiting people don’t think they'll have enough money put aside to retire.
Two-fifths (42 per cent) of people who are married or living with a partner feel optimistic about retirement, compared with just three in 10 future retirees who are single.
Susan Hope, a retirement expert at Scottish Widows, said: "Our research shows that there's a close link between financial security and relationship status."
There are some ways that people may be able to get to grips with their pension pot, whether they are single or in a couple:
1. Find out what you're on track to receive
Firstly, Hope suggests making the most of anything you're entitled to.
She said: "Downloading the HMRC (HM Revenue & Customs) app is a quick and easy way to see in a few taps your state pension retir...
A study by the pension giant also found 13 per cent of married or cohabiting people don’t think they'll have enough money put aside to retire.
Two-fifths (42 per cent) of people who are married or living with a partner feel optimistic about retirement, compared with just three in 10 future retirees who are single.
Susan Hope, a retirement expert at Scottish Widows, said: "Our research shows that there's a close link between financial security and relationship status."
There are some ways that people may be able to get to grips with their pension pot, whether they are single or in a couple:
1. Find out what you're on track to receive
Firstly, Hope suggests making the most of anything you're entitled to.
She said: "Downloading the HMRC (HM Revenue & Customs) app is a quick and easy way to see in a few taps your state pension retir...
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Daily Record (Digital) - 1 Issue, March 14, 2025