Financial Fears for Golden Years
LV reports “Baby-boomers are enjoying a financial golden age, but lack of preparation spells worries for retirement. Despite well-reported wealth, one in three (33%) of those nearing retirement don’t feel confident they’ll have the funds live on. Fears are compounded as research shows two in five (42%)2 of retirees feel their financial situation has significantly worsened since retiring. More help is needed to ensure those nearing retirement are better prepared financially and emotionally for their next step. Read more