Retirement confidence: Why having a plan fosters self-assurance

‘Whilst it is important, confidence on its own isn’t enough’

clock • 4 min read

Andrew Tully explores retirement confidence in his first article for PA since joining Nucleus. Here he looks at why confidence levels may be heading for a fall and how a financial plan builds conviction…

Confidence is a strange phenomenon. Some people have more of it than others, some can be confident about certain things but not others, and sometimes it can be misplaced. But in these uncertain times with widespread cost of living concerns, it's more important than ever for people to feel confident about their financial future. Confidence is a feeling and so it's difficult to quantify. But that's what we at Nucleus set out to do by speaking to over 50s about their retirement confidence. By creating an objective measure which we can track over time, we can see the real impact of a rang...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Inflation shocks driving another long uptick in annuity sales

Inflation shocks driving another long uptick in annuity sales

‘Customers should be careful that this is the right decision for them’

Hope Coumbe
clock 23 April 2024 • 1 min read
Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read