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Brits are probably to start out feeling outdated of their 50s or 60s, in accordance with analysis from AEGON.
The Aegon Monetary Priorities Survey 2024 revealed that Brits feeling outdated in your 60s was first with 20%, adopted by feeling outdated in your 50s at 19%.
Nonetheless, 14% of Brits nonetheless felt youthful of their 70s and 9% reported that they don’t suppose they may ever really feel outdated.
As well as, if given the possibility to journey again in time and provides recommendation to a youthful self, 51% would inform themselves to start out saving as early as attainable.
Steven Cameron, director of pensions at Aegon, mentioned: “Whereas each particular person is exclusive, many people now dwell longer lives and our expectations and hopes for each stage of life, together with these later years, are altering.
“Not so way back, individuals tried to consolation themselves that somewhat than being previous your greatest, ‘life begins at 40’. Then there was a interval if you’d hear ‘50 is the brand new 40’ – so maybe one other means of this analysis is that 60 is now the brand new 40.
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“These new findings displaying that over half of us want we may have began saving earlier highlights simply how vital placing some cash apart for the long run actually is.
“Only a small enhance in contributions can have a large optimistic influence on the alternatives we open up for our future years.
“No matter how outdated or younger you are feeling, it’s important that we individually and collectively think about in direction of how we plan for and navigate this part of life. Aegon’s benchmark Second 50 report is a good start line to information that ongoing dialogue.”
Jonathan Bland, head geek at Pension Geeks, added: “In our expertise of going into workplaces and doing a whole lot of dwell TV exhibits, we’ve by no means ever met somebody who has any remorse of saving an excessive amount of into their pension on the time of retiring or getting close to to it. So, I believe it’s an incredible factor that the youthful viewers are getting knowledgeable and educated concerning the significance of saving on your future. I’d say it’s by no means too early, or late, to start out saving.”
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