Over-50s putting family's finances before retirement - Aviva

According to the insurer's latest Real Retirement Report, more than a third (36%) of over-50s with dependants said they would retire later than they expected because their children were still financially dependant on them. Nearly a quarter of over-50s with financial dependants (22%) said they had sacrificed their ability to save for a more comfortable retirement to support their adult children, while 12% had stopped saving completely to support their children and/or parents. Almost a third (32%) said their adult children's financial needs were the only reason theyy were still working,...