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Economic climate could force retirement rethink

Alan Roe
Posted by Alan Roe
Alan Roe
Alan has been advising individuals and corporate entities for over 15 years, bot
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on Tuesday, 01 November 2011 in Retirement Planning

New, recently published research suggests that the UK could be heading towards a perfect retirement storm.

The study, by Standard Life, reveals that one in five (21%) of those aged 45-65 who have financial plans in place to provide for their long term future are no longer feeling confident their financial plans will support them. Around 6% in this age group who aren't already retired don't think they will ever be able to retire, equating to over three quarters of a million people.
 
Of those who have financial plans in place to provide for their long term future, 64% of 45-65s feel confident that their financial plans will support their future post retirement. Around 21% of these adults no longer feel their plans will support them into the future, with a further 10% having never felt confident.

Around 37% of 45-65s have no financial plans in place for their long-term future, and yet 72% of people currently aged between 45 and 65 who aren't retired think they will retire between the ages of 61 and 70.

Tags: Retirement Planning Advice Glasgow, Retirement Income, Pension Planning, Retirement Planning, Financial Planning
Alan Roe ( View Google Profile )
Alan has been advising individuals and corporate entities for over 15 years, both in the UK and overseas. He set up Warde Graham in 2003 after a successful career in wealth management.



Working closely with clients, Alan puts together holistic financial planning solutions taking time to understand clients’ business, individual and family needs. Many clients are referred by solicitors where tailored advice is a priority, to mitigate inheritance tax and plan for long term care provision. Alan has a strong knowledge and expertise of the full range of Trusts, advising both families and individuals, while keeping up to date with the ever changing legislation.



Alan has three children and is a keen sportsman with an interest in golf, curling and hill walking - the latter to relax from the frustrations of the others.
http://www.wardegraham.co.uk
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  • bar stools

    Posted by bar stools on Tuesday, 30 November 1999
    Economic climate could force retirement rethink - Independent Financial Advisers Glasgow News ...

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