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NEWS IN FOCUS EXTRA | Are you ready for retirement?

4th April 2017
News, News In Focus

NEWS IN FOCUS EXTRA | Are you ready for retirement?

A new study conducted by retirement specialists Later Life, has shown that in the East Midlands one in five people prefer to work until they drop, rather than take up retirement.

The statistics come as part of recent national research into retirement and also show that finances and relationships are the top worries of those preparing to call time on working life.

Here in the East Midlands, 60% of over 55s said they had given no thought to the finances needed for a stable retirement, which over 80% have not yet considered relationships when planning for their retirement.

Dave Sinclair is the Head Trainer for Retirement Planning Workshops, which help people make the transition from the nine to give to a life of retirement – he said “People feel that they’re not getting any help from their employer – clearly if you are going to have a smooth and happy transition from work into retirement then you need the help of your employer and the support of your employer. Less than 30% of people in the East Midlands said they think their employer offers the support they need, only 45% said they’d be comfortable in discussing their retirement with their employer, so that’s another worry”

Craig Priest has a full report which you can here below

 

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