Diary of a Financial Life: Home | Full Report | News Release
In the future you may be collecting the keys to your first home with your pension
We all know that times change – where many of our grandparents left school in their early teens, most of us stayed in education until 16 or over. Where they married and had children by their early 20s, we’re doing this a little later – or never at all. Where they worked to the full retirement age to receive their state pensions, we dream of retiring early with ample funds.
But what will the future hold for the next generations of your family? Findings from our latest research show that financial pressures such as rising house prices, pension under-funding, and the spiralling cost of childcare, education and residential care may mean changes to the timescales of our ‘financial life’.
There are steps you can take to plan now for the radically different world around the corner, or even to help you make the most of your finances if you're already in this situation – pop into your local branch or call us on 08457 171777*.