Nostalgic savers fail to plan
Standard Life has found 28 to 40 year olds who grew up in the nineties and noughties, decades dominated by nostalgia, are likely to be so fascinated by the past that they fail to plan for the future they expect. According to its “Re-Run Generation” report, two thirds expect to live until their 70s and 80s and, when asked about their financial future, four in five knew they could not rely on the state.