22 May 2018
The total debt held by the over-65s is expected to more than double in the next nine years, growing from £65bn last year to a staggering £142bn in 2027*.
For clients, retirement should be a time to relax, having shed the burdens of their working lives. However, debt is making this increasingly difficult for many retirees. Check out our sales aid below to see some of the key issues surrounding clients over 65 and the factors leading to debt in retirement