Blog: Retirement has changed and 'we've never had it so good'

It is interesting the way that the meaning of certain words change with time, and ‘retirement' is certainly a word that evokes a very different meaning nowadays to what it did 40 years ago. Retirement in 1970 was likely a company pension, state benefits, and five to ten years to put your feet up before age 70 meant you statistically ‘retired'. By comparison, 40 years later and ‘retirement' is now seen in a totally different light, as a time of freedom and enjoyment. Pension provision and flexibility has certainly also adapted to cope with the change in the concept of retirement, an...