What are the prospects of retirement for those aged under 50?

According to a report by the Resolution Foundation thinktank, by 2040, nearly one in seven Britons will be over 75. Plus, a third of those who are born now can expect to reach the age of 100. Although the UK’s ageing population is no secret, these are some pretty enlightening facts. Together, they indicate a country that will become even more top heavy, in terms of age demographics. This means that over the coming decades, retirement is going to be a very different concept indeed. Being a pensioner in 2017 Anyone approaching retirement age in 2017 is likely to experience what most of us would view as the benefits of a retired life. For example: Free access to the NHS for geriatric aches and pains, as well as serious requirements such as a hip operation. A state pension after the age of 65 – or the option to keep working. Advantages such as free bus travel and discounts on public services. Benefits such as the Winter Fuel Payment – between £100 and £300 to help with winter fuel


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