Bringing retirement into focus

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What do people really think about retirement? 
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Copy reads: We’ve gathered knowledge and insights to get a better view. Image of shed remains on screen, and the Golden thread appears behind.

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Copy reads: Planning for Retirement 
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Copy reads: 73% of people say they’re doing little or no planning for their retirement, with women and Gen X among the least likely. 

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Main copy reads: But people who plan expect to retire four years earlier
Smaller copy reads: than their non-planning peers…and they also expect their funds to last for eight years longer in retirement. 
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Copy reads: 89% of planners are enjoying their retirement.
Image shows older couple sitting on park bench, one in a wheelchair, playing with two children and a ball.
Copy reads: Compared to 78% of non-planners.
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Copy reads: Attitudes to retirement

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Image of man cycling with a child on the back of the bike holding three balloons, with an autumnal background. 
Copy transitions to read: 62% of retirees prefer to focus on the early stages when they are fit and healthy.

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Copy reads: c. 50% of retirees worry about feeling old and declining health.

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Copy reads: Generation Z and retirement 

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Copy reads: Nearly two-thirds of Generation Z’ers with a pension say they pay more than the minimum, or pay lump sums, into their pensions 
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Copy reads: 25% of Gen Z expect to help their parents financially and pay for long-term care for a loved one in retirement.

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Copy reads: The Gen Z gender gap.

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Gen Z women; 49% feel confident making financial decisions. Gen Z men; 60% feel confident making financial decisions.

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Gen z women: 64% worry about spending too much now.
Gen z men: 56% worry about spending too much now.

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Copy reads: Wisdom of hindsight.
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Copy reads: more than 25% of retired people wish they had saved more.

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Copy reads: 25% of people underestimated the potential length of their retirement and wished they had known this ahead of stopping work. 

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Copy within the circle reads: 
20% of retirees have realised that they didn’t need as much money in retirement as they originally thought. 

Video closes on white background with the Standard Life logo in navy blue, with copy reading “Part of the Phoenix Group”.

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