Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
Since the abolition of the default retirement age in 2011, most people in the UK have the right to choose when they stop working. This means the idea that you *have* to retire at 67 in the UK is a common misconception, and your employment rights are protected by law.
Developed decades ago in the US, the 4% rule is a long-standing guideline for pension withdrawals. Many in the UK, however, question its validity for British retirees today. So, what is the 4 rule in retirement in the UK and is it still a reliable strategy for a financially secure retirement?
According to the Pensions and Lifetime Savings Association (PLSA), a single person needs £14,400 a year for a minimum standard of living in retirement. Can you retire at 55 with 250k in the UK? The answer depends heavily on your lifestyle expectations and other financial resources.
With more than 11 million people in England and Wales aged 65 or older, the concept of being 'elderly' is more relevant than ever. The truth is there is no single, fixed age at which you are considered elderly in the UK; the definition depends heavily on the context, from state benefits to societal perceptions.
