The challenge for retirement planning is not simply helping people prepare for longer lives. It is helping them prepare for longer lives that may not always be lived in good health, writes Mike Batty
Longer life expectancy is transforming the way we think about retirement. While living a longer life should be welcome news, the reality is that we also live a larger proportion of our lives in ill health. According to ONS data, both men and women in the UK spend just over 60 years in "good health", meaning many can expect to spend a significant portion of later life managing health conditions or declining wellbeing. This presents an important challenge for retirement planning. As people seek to ensure that their retirement pots last as long as they do, conversations increasingly need...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
