Why Millennials go on Holiday Instead of Saving for a Pension?

Today’s 25-year-olds need to save the equivalent of £800 a month over the next 40 years to retire at 65 with an income of £30,000 a year, according to Rebecca Taylor, director at the Chartered Institute for Securities and Investments. This leaves millennials looking at such a cavernous gap, it’s easy to see the appeal of giving up and going on holiday instead.