Retirement: Planning to retire overseas? We reveal the top 10 destinations

iStock_000013520493_ExtraSmallNew research has revealed the top 10 destinations for people moving abroad when they retire. If you are retiring soon and plan to move abroad you won’t be alone; over six million of us plan to move overseas when we retire. So, if your one of the millions planning to move abroad and you want to relocate to a popular destination, or you would rather avoid hoards of fellow Brits, read on. Most popular overseas retirement destinations The most popular destination for retiring Brits is unsurprisingly Spain, with France and the USA coming ...

Retirement: One in five saving nothing towards retirement

iStock_000024336538XSmallFollowing Aviva's Real Retirement Report, which showed the level of unsecured debt amongst older generations is rising whilst savings are falling, Scottish Widows has released figures which show too few of us are saving for retirement. The report by Scottish Widows shows only 45% of us, are putting enough money aside each month to ensure a comfortable retirement. As the tough economic times continue to bite and the effects of the credit crunch linger, this is the lowest level of retirement savings seen ...

New report points to a bleak retirement for many

Retirement savingsThe latest Aviva Real Retirement Report has painted a stark picture of the financial hardship many people will face in retirement. The report splits the over 55’s into three groups:   Pre retirees, aged 55 to 64 Retiring, aged 65 to 74 Long term retired, aged 75 and older The plight of older generations has been well documented over the past few years. Rising inflation, all time low interest rates on savings accounts, stock market volatility, and plummeting gilt and Annuity rates have combined to ...

Sharp fall in the rate of inflation

Figures released today by the Office for National Statistics have shown a sharp fall in the rate of inflation. The Consumer Prices Index (CPI) fell by 0.5% in April to 3%, whilst there was a smaller fall in the Retail Prices Index (RPI) which dropped by 0.1% to 3.5%.   The falls take inflation to its lowest level for two years and is being seen by some financial experts as part of a downward trend since September 2011 when CPI stood at 5.2% and RPI was 5.8%....