The shift to ‘pre-retirement’ - where people gradually scale back on work or change jobs altogether rather than stopping work entirely - has become the new retirement reality, according to Prudential’s latest research.
In the UK, the most widely held aspirations are travelling ( 55%), followed by spending time with friends and family ( 52%) and pursuing new hobbies (41%), according to a global study from Aegon.
More than 80% of grandmothers in England provide childcare to a grandchild under 16.
More single women are opting to rent in retirement because of the companionship, financial benefits and security it can offer, according to research.
Norwich has been ranked 13th in a list of Best Places to Retire Within the UK, based on average house prices, crime rates, average cost of retirement homes, activities available and the number of churches, parks, cafes and pubs. And Norfolk has come fifth in the league of most attractive counties for pensioners in the Quality of Retirement Index, which includes the weather and access of healthcare in its criteria.