Did you put off retirement due to money worries?

Generational stereotypes have created the impression that Baby Boomers are retiring and able to enjoy life richer than ever.

The rise of house prices, generous pension schemes and good benefits for seniors mean retirement for Baby Boomers looks a lot more favourable than the generations coming up below them.

But even so, the reality for millions isn’t quite as rosy as the ideal of the financially comfortable retirement.

Many pensioners are forced to save and stretch every penny or are being left vulnerable thanks to the rising cost of living and renting.

Add to this a much longer life expectancy, responsibilities to ageing parents and the burden of providing for adult children and it’s not hard to see why retirement savings and pension contributions simply aren’t enough for many to live on comfortably.

For many, the only choice is to continue working, putting off retirement for as long as possible to try and shore up for the future.

What was your experience? Did you put off retirement due to money worries, or were you able to retire when you wanted? Share your views at Speakers Corner.