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Over half (54%) of UK adults have had their plans to retire affected by the Coronavirus pandemic, according to new research.

A typical young adult aged 20-40 wants to retire at 59 with an annual retirement income of £26,000, according to new research.

Retirement and platform provider Embark is to hire more than 50 people in Dundee over the next few months to boost its platform operations in the city.

The number of people who want to retire early has more than doubled during the pandemic from 4% to 10% and more people have clearer retirement plans.

Over 154,000 people aged 55-64 have opted for early retirement due to the impact of the Coronavirus pandemic, according to a new report.

Over a third (35%) of Britons have never reviewed their plans for retirement, with more than 29% admitting they do not expect to have enough money when they do retire, according to new research.

Concerns about saving for retirement have reduced by 20% overall when compared to last year, according to a new report.

Britain has dropped down the rankings of the best European countries for retirees in 2020.

The Coronavirus pandemic has forced a widespread rethink of retirement plans as 18% change their retirement age and 20% of over-55s have considered raiding their pension savings, according to a new report.

Many adults have never discussed retirement plans and finances with their parents despite the impact it might have on later life care, according to new research.

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