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07 November 2012 09:19
Some 26% are planning an extended trip overseas, like a cruise
Almost three-quarters of people over the age of 60 have already made plans for their retirement, according to new research from Age UK. The seniors charity said 74% of the over-60s had an eye on things to do after they retire, with 26% requiring seniors travel insurance in anticipation of taking an extended foreign holiday, 20% looking at refurbishing their home, and 16% expecting to take up new hobbies to fill their spare time.
However, not all of those polled shared that optimism after 29% expressed concerns about their ongoing financial uncertainty, with poor savings returns and slumping annuity rates making a comfortable retirement a less likely prospect.
Gordon Morris, managing director of Age UK Enterprises, said: "Our survey shows that many people nearing later life are excited about their retirement and keen to make the most of it, but the financial crisis could put their ambitions at risk. In this challenging economic environment it is more important than ever to properly plan ahead to maximise income in retirement, so that the needs and aspirations of later life can be met."
16 October 2018
Patients with brain tumours lose out on almost £15,000 per year, a new report has revealed.
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13 October 2018
Chris Grayling has given his "categorial assurance" to Parliament that a no-deal Brexit will not ground flights in and out of the UK, despite recent warnings from experts that this remains a possibility.
12 October 2018
The rising cost of fuel could force more airlines out of business, the boss of easyJet has warned.
11 October 2018
The image of the boozy backpacker might be a thing of the past as a new study suggests more and more youngsters are shunning alcohol completely.
10 October 2018
The NHS says just one in 10 drinks sold in English hospitals will be sugar-sweetened, as part of its bid to curb rising obesity levels.
09 October 2018
More than 260,000 diabetes patients were put at risk of lasting harm or even death during hospital stays last year due to medication errors, a new report has revealed.
06 October 2018
NHS patients with a specific type of lymphoma will soon be able to access a "game-changing" new treatment, health officials have revealed.
05 October 2018
People living with diabetes are being warned they might be "unwittingly" storing their insulin incorrectly.
04 October 2018
The world's first commercial jet part-powered by a new form of biofuel touches down in London on Wednesday (3rd October).
03 October 2018
New 'hotel-style' carriages that were due to be rolled out for the Caledonian Sleeper have been delayed until next year.
02 October 2018
Budapest has been revealed as the cheapest destination for UK holidaymakers looking for a cultural break, according to a new report.
29 September 2018
Holidaymakers heading off by train will soon be able to check their blood pressure at the station, as part of a new scheme aimed at boosting the number of people getting checked.