NEARLY one-in-three people in London planning to retire this year will receive an income below the poverty line, according to research.
They will have an annual income of £14,000 or less.A single person in Britain needs an income of at least £13,900 a year before tax to afford a basic, but acceptable standard of living, according to the Joseph Rowntree Foundation.
The Joseph Rowantree Foundation website make for quite interesting reading http://www.jrf.org.uk/publications/monitoring-poverty-2009
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