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Thinking ahead

In Brief: Thinking ahead

Friday, 11 September 2020

Due to the recent disruption caused by the coronavirus (COVID-19) pandemic has prompted many people aged over 50 to considering delaying retirement. Up to 15% feel they may need to delay by an average of three years, and 26% think they will be either work part-time or work indefinitely. Whether you decide to postpone retirement or retire early depends on your situation. If you still have a job and your savings have been impacted over the last few months, delaying retirement to give yourself more time to prepare may be a better option. Seeking professional financial advice could help you to decide the best course of action for your retirement. 

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