New research has shone a light on our changing retirement habits, as we struggle with the twin effects of inflation and ‘skrinkflation’.
Figures from pension provider, Retirement Advantage, show that:
The days of the ‘cliff edge’ retirement, where one day we worked, and the next we didn’t, are long gone for many, with 52% of people age over 50 planning to work part-time in retirement
That’s an 11% increase over recent years
30% of people are worried about the cost of living in retirement, whilst ...