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Brits are almost definitely to begin feeling previous of their 50s or 60s, in keeping with analysis from AEGON.
The Aegon Monetary Priorities Survey 2024 revealed that Brits feeling previous in your 60s was first with 20%, adopted by feeling previous in your 50s at 19%.
Nonetheless, 14% of Brits nonetheless felt youthful of their 70s and 9% reported that they don’t suppose they’ll ever really feel previous.
As well as, if given the possibility to journey again in time and provides recommendation to a youthful self, 51% would inform themselves to begin saving as early as doable.
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, folks tried to consolation themselves that slightly than being previous your finest, ‘life begins at 40’. Then there was a interval if you’d hear ‘50 is the brand new 40’ – so maybe one other manner of taking a look at this analysis is that 60 is now the brand new 40.
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“These new findings exhibiting 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 affect on the alternatives we open up for our future years.
“No matter how previous or younger you’re feeling, it’s very 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 place to begin to information that ongoing dialogue.”
Jonathan Bland, head geek at Pension Geeks, added: “In our expertise of going into workplaces and doing lots of of dwell TV reveals, 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 awesome factor that the youthful viewers are getting knowledgeable and educated concerning the significance of saving to your future. I’d say it’s by no means too early, or late, to begin saving.”
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