New research from WEALTH at work has revealed the top financial concerns of those approaching retirement.
- 35% worry about not having enough money to enjoy themselves
- 32% are worried about running out of money
- 29% are concerned about affording future care costs
Retirement planning is a complex area and many employees will need help to navigate these issues.
As part of an overall wellbeing agenda, many leading workplaces offer their employees financial wellbeing support in the years leading up to retirement.
The research of 1,320 UK adults age 50+ in employment was carried out by Vital Research between 20th May and 4th June 2021.