Pensions - Articles - Lottery numbers are checked more often than pensions

 In contrast, two in five (45%) say they check their reward card points at least once a month, whilst over a third (39%) make sure they’re on top of their lottery numbers. A third (34%) check on their mortgage balance at least monthly and a superstitious 18% check their horoscope at least once a month.

 As a result, over a third (38%) say they have no idea how much they have saved for their retirement with women more in the dark than men with 43% stating they have no idea how much they have saved compared to 34% of men. Just 19% of men and women say they have a clear idea how much they have saved.

 Amy Mankelow, Director of Communications at NOW: Pensions said: “We all love reward cards, but even if you’re a big spender, your Nectar points won’t pay for your retirement.

 “The chances of winning the lottery are miniscule at 1 in 45,057,474**! But, if you paid in an extra £8 a month, the price of 4 lottery tickets, into your pension pot, then over 40 years you could have saved an extra £10,446.11*** – a guaranteed win.”

 Nearly one in five (19%) of pension savers never check their balance
 45% regularly check their reward card points
 Over a third (39%) regularly check their lottery numbers
 Nearly half (43%) of women have no idea how much they have saved for retirement