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Deciding how and when to retire is one of the biggest life decisions and transitions we make. Whatever the plan, when it comes to making the decision to retire, most people find it understandably daunting.
This year, we wanted to paint a more detailed picture of how retirement is evolving, drawing on real life experiences through one of our biggest studies ever.
Remember that if you take advice on your retirement it may involve investing; the value of investments may go down as well as up and you may get back less that you put in.
37% of retirees have accelerated their plans due to Covid-19
66% of adults retiring this year risk running out of money
A 2021 retiree plans to spend on average £21,000 a year in retirement
If you'd like help with your retirement plan - our team can help. Retirement Advice from Standard Life Aberdeen combines the benefits of traditional face to face advice with the convenience of digital. It's designed to be a lower cost way to get advice on your retirement.
Get started with a free retirement income report - just answer a few simple questions then if you want to talk about your prospects, you can book a free no obligation call with one of our retirement experts.
Retirement Advice is an advice service provided by Standard Life Client Management, part of Standard Life Aberdeen plc.