What does this mean for you?
Our research1 in partnership with forecasting specialists Trajectory, not only looks at the key trends shaping retirement now, but what this also means for the future. We've explored the different retirement journeys people follow approaching and in retirement
Understanding how these journeys will develop over time now can help us understand how to better plan for the future. By providing these findings to financial advisers and working with them we can help you explore your options on your own retirement journey and ultimately provide better solutions for your personal goals.
We know the importance of getting the right financial advice and that’s why we would recommend talking to a financial adviser before deciding on any financial solution.
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Planning for retirement
Saving for your retirement starts years before you even think about retiring. Many of us will work for a company who contribute into a workplace pension on our behalf and you may even decide to make additional contributions above the minimum.
Others may be saving for retirement through a SIPP or have other employer sponsored pension savings.
Whichever type of pension you have, and wherever you are on your own retirement journey, societal and cultural changes are having an effect in the way people live their lives, which in time will affect their own retirement.