Planning for your retirement can never start too early, especially after the UK workforce experienced an unprecedented period of uncertainty during 18-months of lockdown which resulted in a staggering 11.7 million employees put on furlough.
Now that the economy and industry sectors are bouncing back, a recent survey of 1,000 people carried out by Opinium on behalf of Hargreaves Lansdown found that over one-third (34%) of workers aged between 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.