The thought of retirement as a big, one-off life event can put people off making plans. Perhaps it’s time to think differently – and we’re already seeing a growing trend towards phased retirement.
What does retirement mean for most people? Is it a momentous, one-off event to look forward to, when everything will change, work will be finished and life can be funded, mainly, by pension savings? Or perhaps not much thought has been given to it, other than an end to the ‘9-to-5’ routine?
For some, the very idea of ‘retirement’ can seem daunting and is something they’re not quite ready ‘to do’ – and certainly not something they’ve made plans for.