Planning for retirement is all too easy to put off. Perhaps it feels too distant, or the idea of slowing down just isn’t attractive. Maybe your current pension situation seems bewilderingly complicated. Or perhaps saving more simply feels unaffordable.
The statistics bear this challenging situation out: research (pdf) for the savings and investment company M&G found that only 13% of men and 8% of women who are not retired had a comprehensive financial plan that would allow them to lead the life they wanted in retirement, and more than a third (35%) of 45- to 54-year-olds surveyed hadn’t even started planning.
