In the face of the current adverse economic conditions, many would-be retirees are worried about their financial capacity. Inflation remains elevated, matched with skyrocketing interest rates on borrowing. Financial advisers and personal loan management experts may recommend adding more sources of income to cover their living expenses and loan repayments upon retirement.
It’s no surprise that many people postpone any retirement plan and get back to the hustle and bustle of the office. A recent survey indicates that retirement delays in the private sector have doubled in the last year.
