Are you on track for a comfortable retirement?
All of us dream of the day we can retire, saying goodbye to the alarm clock and commute, filling our days with sun-soaked beach holidays, leisurely rounds of golf, or cruising the world.
As delightful as that sounds, the days when people can retire at a certain date set by their employer or by the state are long gone for most people.
That is a bitter pill to swallow for some baby boomers, many of whom face remaining in some form of employment until well into their 60s and 70s.
Almost half a million people over the age of 70 were in full or part-time work at the end of March 2019, according to the Office for National Statistics (ONS).
This represents a rising year-on-year trend, and a 135% increase on the number of septuagenarians who remained in employment back in 2009. (more…)