Henry McKean

Good morning, Claire.

And you're right.

People are broke.

They are struggling.

And this new research from Royal London Island, they specialize in life insurance and pensions.

They say just under six months is the average length of time people believe they'd be financially stable following a halt to their income.

And men report a stronger financial buffer than women.

I'm not sure why that is.

I think it's because...

men don't realize how expensive groceries cost.

20% say they could only last less than one month if their regular income stopped tomorrow.

And 25% say they'd manage for three months at most.

I met these people of all ages and backgrounds, and I asked them, if their income stops tomorrow, how long could they last on their savings?

So pray for a miracle and as somebody said to me the other day, as long as you have breakfast in the morning, you'll be okay.

This is a personal question.

Right.

How much money do you have under the mattress or in your bank account right now?

You're 40.

If you lost your job tomorrow, how long could you go for?

How long could you pay for bills, pay for your accommodation, pay for all your expenses?