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When thinking about the next few months, UK adults are most concerned about not being able to maintain their standard of living (71%), heat their home (66%) or pay general monthly household bills (61%). Significantly, half (50%) of UK adults were at least a little worried about being able to afford food over the next few months, rising to 67% of younger adults aged 18 to 34. Our goal is to help all clients alleviate the stress surrounding money and to work towards meeting their personal lifetime objectives and plans; whether that is beginning to invest, planning for retirement, providing funds to children, buying a house – or all the above. SOURCE: Opinium poll of 3000 UK adults aged 18 and over between 7 to 14 November 2022. #StressAwarenessMonth #Stress #MoneyWorries #FinancialEducation

When thinking about the next few months, UK adults are most concerned about not being able to maintain their standard of living (71%), heat their home (66%) or pay general monthly household bills (61%). Significantly, half (50%) of UK adults were at least a little worried about being able to afford food over the next few months, rising to 67% of younger adults aged 18 to 34. Our goal is to help all clients alleviate the stress surrounding money and to work towards meeting their personal lifetime objectives and plans; whether that is beginning to invest, planning for retirement, providing funds to children, buying a house – or all the above. SOURCE: Opinium poll of 3000 UK adults aged 18 and over between 7 to 14 November 2022. #StressAwarenessMonth #Stress #MoneyWorries #FinancialEducation

St. James's Place Financial Health research, conducted annually among adults across the UK, gives an insight into the current condition of people's finances in the UK. Over the last 12 months, the cost-of-living crisis has seen British household wealth drop 23%. Whilst economic conditions in 2024 are expected to remain difficult, there are some simple actions that everyone can take to build greater financial confidence and resilience:? #financialeducation #financialresilience #financialplanning

St. James's Place Financial Health research, conducted annually among adults across the UK, gives an insight into the current condition of people's finances in the UK. Over the last 12 months, the cost-of-living crisis has seen British household wealth drop 23%. Whilst economic conditions in 2024 are expected to remain difficult, there are some simple actions that everyone can take to build greater financial confidence and resilience. ? #financialplanning #financialresillience

St. James's Place Financial Health research, conducted annually among adults across the UK, gives an insight into the current condition of people's finances in the UK. Over the last 12 months, the cost-of-living crisis has seen British household wealth drop 23%. Whilst economic conditions in 2024 are expected to remain difficult, there are some simple actions that everyone can take to build greater financial confidence and resilience: https://lnkd.in/ebbmBhwg #financialplanning #financialresillience

Young adults in their 20’s, single and without kids, who are earning decent money for the first time in their lives, and saving hard for a house deposit, are not considering what would happen if they were unable to work, just assuming the state would look after them. In reality, this couldn’t be further from the truth – statutory sick pay is less than ￡117 per week (only ￡116.75). Imagine finding out that you are not entitled to very much sick pay, should you become injured or ill, and need a prolonged amount of time off work. Having to dip into that sacred pot of savings that was supposed to be for your future. This is where income protection and critical illness cover come in. By receiving a monthly income, or a lump sum depending on your reason for not being able to work, you have peace of mind that you are looked after, and more importantly, don’t need to dip into those savings. I get that when you are young, you feel invincible. But when you think about the people that you know, it’s quite likely you know someone who couldn’t work for a bit, either because they were injured or unwell. And think about how frustrating it would be to set your plans back by several years for a situation that was completely avoidable. Sadly, life happens unexpectedly. Don’t assume it will never happen to you. Talking to an adviser is the best way to work out what you need. It probably isn’t as expensive as you think! https://lnkd.in/e3AJT6_k #financialadvice #financialwellbeing

???? Startling Revelation: UK's Cost of Living Crisis Leaves Families ￡4,500 Poorer, Reveals New Data! ???? Uncover the alarming truths behind the UK's escalating cost of living crisis, as families find themselves ￡4,500 poorer according to new data. Our latest article dives deep into the economic challenges gripping households across the nation. Explore the insights: Shocking Revelation: UK's Cost of Living Crisis Leaves Families ￡4,500 Poorer, Reveals New Data! Stay informed about the pressing issues affecting household finances, and learn about the implications of this crisis on the broader economy. Join the discussion on navigating financial challenges and seeking solutions in times of economic uncertainty. Read here: https://lnkd.in/eGgbdWnq #CostOfLiving #UK #EconomicCrisis #HouseholdFinances #FinanceNews #BusinessToday

How Social Security benefits have lost 20% of their purchasing power? ? How have Social Security benefits kept up with inflation? With 97 percent of older adults (aged 60 to 89) either receiving Social Security or will it’s imperative to measure the impacts of inflation against Cost of Living Adjustments (COLAs).? ?The Senior Citizens League, a nonpartisan group that monitors and advocates for senior benefits such as Social Security and Medicare found that Social Security benefits have lost 20% of their purchasing power since 2010 despite cost-of-living adjustments ?Since 1961 A Reverse Mortgage continues to be a strong viable option! Learn more, 708-280-1287

2.1 million pensioners in the UK live in poverty. Do you know what the biggest issue older people are facing in the UK? → The failure of the care system. As we all know, poverty comes with a bunch of potential health issues, like: - Poor diet. - Poor living conditions. - And limited access to healthcare. Because of this, and other issues, hundreds of thousands of pensioners get readmitted to hospitals within 1 month of being discharged. And the rising cost of living & energy bills have only worsened this situation. As a care provider, it's troubling to think of individuals not receiving the care they need. The ‘health gap’ is something that really needs more attention & action. From policy changes to resource allocation and community support. So at Sure Healthcare, our commitment will remain unwavering: → To ensure that every hour of care we deliver is of the highest quality. I hope we can all work towards bridging the gap in the system and providing support where it’s needed most.

According to the latest research commissioned by LV=, as part of its ‘Wealth & Wellbeing’ Research Programme, 45% of adults in the UK have said they can only just afford day-to-day bills – 10% can’t afford to pay these expenses at all. Of those surveyed (4,000), there was a slight rise in perceived financial resilience compared to 12 months ago, with 5% of adults in the UK more likely to believe that their finances will improve in the next three months. Likewise, savings increased with a 3% rise in pension savings since March 2023. David Hynam https://lnkd.in/d_Jr_Fif