Planning for your retirement can never start too early, especially after so much uncertainty in recent years.
However, a recent survey carried out by Opinium on behalf of Hargreaves Lansdown found that over one-third (34%) of people aged 45-54 have no plan in place for their remaining working years. This compares to roughly a quarter of 35-to-44-year-olds and 25-34-year-olds who had no plan for the time between age 50 and retirement.
Some 41% of those in the 45-54 age group said they planned to continue in their current job and work full time. A further 10% said they would stay in the same role but move to part time hours, and just 5% planned to stop work completely.
