Traditionally, paying off the mortgage before beginning retirement has been the aim of many individuals, in order to ease the draining burden of paying off a mortgage during the ‘golden years.’ Yet new analysis of ONS census data shows that one in every four of retired households across England and Wales currently pays rent for […]
Retirement Is Often Not Healthy or Wealthy
Pension providers are giving a retirement health and wealth warning after a study revealed millions of pensioners are hit by major life changes in the first five years after giving up work. Almost a third (31%) say their health worsened, with 10% confirming doctors diagnosed they were suffering from a serious illness. More than a […]