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The Independent UK
The Independent UK
Business
Camilla Foster

FOUND: 9 steps to avoid a financial retirement cliff edge - You Need To See This

Preparation is key to a retirement plan (Alamy/PA) - (Alamy/PA)

Retirement is often associated with greater freedom and the opportunity to enjoy the rewards of decades of work. But for many people, the transition from earning a regular pay cheque to relying on pensions and savings can feel less like a gentle glide and more like standing at the edge of a financial cliff-edge.

A YouGov survey of 6,224 UK adults found that 55% reported that they were concerned about running out of money in retirement and, among these worried respondents, 63% were under 50 years old.

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