Steps you can take to ensure that you are prepared financially
One of the biggest concerns people have when nearing retirement is whether or not they will have enough money to maintain their current lifestyle. Retirement can be a time of great uncertainty, but there are steps you can take to ensure that you are prepared financially.
Women’s pensions at retirement are half the size of men’s
The gender pensions gap is the difference in the average amount of money that men and women have saved for retirement and it begins at the very start of a woman’s career.
Signs of more economically active people over the age of 50
Older people in the UK are increasingly returning to work, according to new research[1]. The cost of living crisis is now affecting many pensioners drastically. The research also found that the proportion of older people who are self-employed has more than doubled over the same period.
Ways to maximise the value of your retirement savings
If you’re aiming to build a healthy pension pot to fund your retirement, there are a few key mistakes you’ll want to avoid. These can set you back and make it harder to reach your goals.
Being aware of how it can impact your retirement plans
When it comes to planning for your retirement, one important factor to consider is the impact of inflation on your future pension income. While the cost of living will obviously increase over time, the rate of inflation can have a significant impact on how far your pension income will go in retirement.