Saving enough for retirement can be hard.
With so many competing pressures on our expenditure each month, finding spare money to set aside for our older age can often slip down the list of priorities.
New research has found that 19 % of 35-55 year-olds struggle to save for retirement due to family pressures.
This finding is not surprising as £8,300 is spent annually supporting family members between ages 35-45.
As children leave home and become financially independent, those aged between 45-55-years-old have fewer expenses.