| Research has found that there’s a dip in financial confidence when UK adults reach their 50s | Only 33% of people aged 50 to 59 feel positive that they will retire comfortably | This is the lowest of any age group – 49% of young adults and 46% of over-60s feel confident |
Fifty and fabulous? Maybe not when it comes to your finances. A recent survey shows that Britons experience a dip in financial confidence when they reach their 50s.
The research1 found that only 33% of people aged 50 to 59 feel positive that they will retire comfortably. This is the lowest of any age group, with 49% of young adults and 46% of over-60s feeling confident about retirement.
Dr Tom Mather of Money:Mindshift podcast says that altering our mindset around the ageing process can help people face the future both mentally and financially. He says, “For many, midlife is a turning point, it’s when people begin to feel the weight of time, question their relevance, and wonder what their future really holds.” He adds that a shift in mindset happens “when we see this not as a moment of uncertainty, but possibility.”
1Aegon, 2025
It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for guidance only. Some rules may vary in different parts of the UK.