One in five adults approaching pension age fear their retirement plans are at risk as a result of the cost-of-living crisis, research shows.
A poll of 2,000 working adults, aged 45 plus, found the current economic climate has seen 12% take “drastic action” to ensure they can still have the post-employment life they hoped for.
More than one in four (28%) have considered, or made the decision, to downsize – something they may not have previously intended to do.
