Twenty-one percent of U.K. adults between the ages 45 and 65 no longer believe their financial plans will support them into the future, according to a new survey.
Standard Life, Edinburgh, Scotland, published this finding in a summary of results from a new report. The research, conducted between August and September, is based on a YouGov Plc online survey of 982 U.K. adults between the ages 45 to 65.
The report also discloses that 6% of respondents who aren’t already retired don’t think they will be able to retire, equating to more than three quarters of a million people.
Of those who have financial plans to provide for their long term future, 64% of 45-65 year-olds are confident that their financial plans will support their future post-retirement. Twenty-one per cent of these adults, the survey says, no longer believe their plans will support them into the future, with a further 10% having never felt confident.