Displaying items by tag: retirement

Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.

Brits are woefully unprepared for retirement, with half not feeling confident they will be able to have financial freedom when they stop work.

Most retired people have numerous regrets when it comes to retirement planning, including failing to put a plan together early enough in life.

An extra 1.2m people are facing a worse retirement lifestyle than in 2023, according to the annual retirement report from Scottish Widows.

The cost of a moderate retirement income is £25,000 per year for a single person and £36,480 for a couple, according to data from Hargreaves Lansdown’s savings and resilience barometer, published today.

Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.

The number of Britons looking to release money from their property to fund their retirement has risen to 61%, according to a report from the Equity Release Council.

The UK’s high earners are facing a retirement shock as less than a third are on track for a financially comfortable time when they retire, according to new research.

Too many Financial Planners are relying on averages for their retirement income planning process, according to DFM Hymans Robertson Investment Services.

Three quarters (74%) of Wesleyan financial advisers have been caught in the middle of arguments between couples during retirement planning meetings.