Article preview: Retirement is usually viewed as a time of leisure when a lifetime of hard work pays off, and you can enjoy all of those things you previously deferred due to the pressures of work. But what happens when it’s time to retire, and you still have debts? It’s not quite the ideal vision of retiring mortgage and care-free! According to new research, those of us retiring this year face significant debt challenges. More than one in three people retiring this year will do so in the red with average debts of £17,460. That’s according to the findings of a study carried out by Key.
Why one in three Brits retire in debt
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This 587-word blog post looks at a new study which found that more than one in three people retiring this year will do so in the red with average debts of £17,460. Written on 15th January 2020.
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