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Tag Archives: fixed protection

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Jul292016

Apply for Fixed or Individual Protection

Pensions

Apply for Pension Protection The application process for protecting your…

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Lyndhurst Financial Management Ltd

4 hours ago

Lyndhurst Financial Management Ltd

‘SLEEPWALKING’ INTO RETIREMENT How much will you need to save to afford a comfortable retirement?

HOW MUCH WILL YOU NEED TO SAVE TO AFFORD A COMFORTABLE RETIREMENT?

There is a widespread and common-sense-based perception, backed to some extent by evidence, that planning and preparing for later life is associated with increased well-being in older age. Despite this, it’s concerning that some people at mid-life have not thought much about their later life nor taken fundamental future-oriented actions, such as engaging in financial planning or writing a Will.

New research highlights the fact that millions of mid-life UK employees are sleepwalking into retirement. The study, which looked into mid-life employees’ financial preparedness for later life, revealed that 64% of employees aged 45 and over – equivalent to nearly nine million people – do not know how much they will need to save to afford a comfortable retirement.

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