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Boomer vision: Over-50s underplan for ‘shocks in retirement’
December 12, 2024
The myth that older people are more prepared for retirement is just a myth, according to new research from independent consultancy Barnett Waddingham. Only a fifth of all savers in the UK (19%) have fully considered getting a serious illness in their retirement plan, Yet surprisingly, it’s the under-50s driving this; 25% have prepared, versus just 16% of over-50s. 43%
Boomer vision: Over-50s underplan for ‘shocks in retirement’
December 12, 2024
The myth that older people are more prepared for retirement is just a myth, according to new research from independent consultancy Barnett Waddingham. Only a fifth of all savers in the UK (19%) have fully considered getting a serious illness in their retirement plan, Yet surprisingly, it’s the under-50s driving this; 25% have prepared, versus just 16% of over-50s. 43%
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