Two thirds of people approaching retirement age are worried about the impact the cost of living crisis will have on their plans, according to Schroders Personal Wealth.
In a webinar yesterday, (1st March) the financial planning firm laid out the findings of the Schroders Personal Wealth Retirement Report, which was based on a survey of 1,000 UK adults between 50 and 64 years old. It also found 21% said they felt "stressed and anxious" about their finances and 66% did not know or were not sure how much money they would need to live comfortably in retirement. Despite this, Schroders found a minority of respondents had sought out professional advice on how to plan their retirement, with 63% saying they have not spoken to a financial adviser about their ...
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