Photo of retired couple 41% of over 50s say the cost-of-living crisis is the main barrier that might prevent them from securing the retirement income they think they’ll need
One in 10 are more likely to purchase an annuity as a result – citing income certainty, security and simplicity as key reasons
Other barriers to securing retirement income include changes to the state pension, tax rises, stock market performance and not seeking advice Half of over 50s expect personal financial situation to get worse over the next year The cost-of-living crisis has been identified as […]
Full Post at ifamagazine.com