It has been over a year since Aviva started tracking the UK retirees through it's Real Retirement Report series. The fifth report provides not only the opportunity to do a quarterly analysis of the fears and concerns of the over 55's but also looks at the annual picture from these three distinctive ages of retirement.
I think the report does highlight some important concerns and financial planning considerations for the older generation, but it is important to remember that individual circumstance vary somewhat.
As advisers dedicted to the over 50's I think most of our clients have found their experiences of the recession and subsequent economic environment less problematic than the figures in this report suggest - but is that just a case of what good financial planning can achieve??