Third of over-55s spend more time choosing a car than preparing for retirement

Victoria Tichá
clock • 2 min read

More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.

Just around a third of retirees (32%) spend less than a week to make a decision on their pension income arrangements, compared to 40% who said they spend over a week to purchase a new car. This ...

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