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The Independent UK
The Independent UK
Lifestyle
Katie Wright

Is the cost-of-living crisis giving you ‘retirement anxiety’? What to do about it now

The cost-of-living crisis is impacting not only our current finances, it’s stoking fears about the future, according to a new survey showing that more than half (54%) of over-40s already feel anxious about retiring.

The research, conducted by asset manager abrdn, found that as well as financial concerns about rising bills, inflation and not having enough cash in their pension pots, some people were worried about being labelled as ‘old’ or losing their identify when they stop working.

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