Tags: retirees

The newly-retired significantly overspend in first five years of retirement

According to retirement specialist LV=, the reality of living on a pension is taking new retirees by surprise, with many under-budgeting their first five years of retirement and overspending by an average of £6,500. This is leading to a surge in older retirees taking out new credit or extending previous credit commitments. According to research…

73% of over 50s believe they have been denied a job due to their age

83% of jobseekers over the age of 60 believe they have been rejected for a job because of their age, according to new research from leading UK jobs website totaljobs.com. Also, nearly three quarters (73%) of those aged 51-60 think they’ve been knocked back from a job due to their age. 57% of over 60 year…