6 tips for creating certainty in retirement

Retirement should be a milestone that’s celebrated. You’ve got more time on your hands to indulge in the things you enjoy. But that doesn’t mean it’s entirely stress-free either. Without your usual wage coming in, you may worry about how you’ll afford to live the lifestyle you want. Spending too much too soon is a real risk in retirement. But so is being overly frugal and missing out on opportunities you’ve been looking forward to. It can mean that a retirement that promised much falls short despite having the funds ...

5 reasons to delay retirement that aren’t related to your finances

When we look at reasons to continue working past traditional retirement age, it’s often money and pensions that are the focus. Yet, retirement has changed and there are many other reasons why you may decide to continue working in some way past the traditional retirement age. Research conducted by Aegon looked at global views on retirement. It found that half of Brits readily see themselves delaying retirement and continuing to work beyond the age of 65. In contrast, just 22% of workers in France see this future for ...

What are your options if you’re approaching retirement with debt?

With income from regular work stopping when we retire, being debt-free at this milestone is often a goal. However, it’s not always possible. Whether you still have a mortgage or credit cards, it can be worrying to enter retirement with debt still to your name. However, there are likely to still be many routes you can choose and still be financially secure. If you find yourself in this position, you’re not alone. The fact that the first-ever retirement interest-only mortgage, that’s fixed for life, launched this year, highlights how many retirees are ...

Why it’s important to prepare younger generations for retirement

We hope you feel confident in your financial security, including the provisions you’ve made for retirement. But have you ever spoken to your children or grandchildren about their pension or retirement plans? Research suggests their expectations could be far higher than the reality. According to a report from Scottish Widows, the average worker in their 20s faces an annual shortfall in retirement income amounting to £6,500. It’s a sum that could have a significant impact on financial security or affect retirement plans. The gap will be even wider ...