Money & Work / News
Pension changes see over 50s adapt income and retirement expectations
Two million over 50s are set to retire many years later than planned or with less income following the changes to the state pension age. Your Money reports that two thirds of those aged 50+ are aware of the state pension age equalisation and a quarter (28%)...
Over 50s learners ‘on rise’ in county as jobs market changes
A Suffolk adult learning provider says it has seen a spike in over fifties learners retraining on its courses. East Anglian Times reports that Realise Futures says it is also seeing more carers retraining to find employment. The social enterprise, which has...
The best years of your life: What makes for a happy retirement?
A new study has found that a successful and enjoyable life after work requires a focus both on good financial habits and a healthy lifestyle. Choice reports that the research, by Aegon, emphasises that achieving retirement aspirations requires more than saving,...
Move over Saga – 50 is the new 30!
Making the most out of your retirement - Travelling abroad when you're over 50 Over Fifties Friends reports that getting older or retiring from full-time employment doesn’t mean that you have to lurk around the house watching day time TV all day. There are...
A new age for retirement
Ernest Hemmingway believed that retirement was the ugliest word in the English language. His comment seems more prescient today than ever. Over Fifties Friends reports that the retirement process of years gone by is no longer relevant and we have to find a...
Opinion divided over Bitcoin and digital money investment
This week Lloyds and Virgin Money stopped customers using credit cards to buy cryptocurrencies, amid concerns they could run up too much debt. BBC News reports that it comes as the value of Bitcoin and other cryptocurrencies fell after a year when prices rose...
Over-50s cutting back on spend
This lucrative corner of the market is still eager to travel and enjoy new experiences but with an eye on safety and value for money, a study reveals. TTG News reports that older travellers are still planning to go away in 2018 but many want to reduce how much...
Say hello: Friendly neighbours matter more than money to older people
FRIENDLY neighbours are valued more highly than any financial gain when downsizing into a retirement property. The Express reports that living near people who will “pass the time of day”, say “hello” or just stop for a quick chat is rated as one of most...
Is it worth retiring when in debt?
More and more people are retiring still encumbered by debt. Choice reports that it's a natural ambition to want to retire without the burden of debt hanging over us. Ideally, when we swap a salary for what is almost always a lower income from a pension, we...
‘Ageless Job Search’ aiding over-50s back into employment
Employment support service Resource is responding to increased demand from the over-50s by launching “The Ageless Job Search”, designed to tackle age-related barriers in the workplace. The Jewish Chronicle reports that Chief Executive Victoria Sterman says the...
Why it pays to start saving now for Christmas and how you can do it
The festive season may still seem like a long way away, but if you’re worried about it making a dent in your finances, it makes sense to start planning and budgeting now. Silver Surfers reports that we spent £452 on average last year on Christmas, according to...
Investing in buy-to-let for extra retirement income
Buy-to-let mortgages have been back in the news recently, on the one hand, there has been a plethora of tax changes which have affected landlord finances, whilst on the other hand there have been some excellent investment returns. 50 Connect reports that recent...