Some 22% of Brits regret not planning for their retirement earlier, a Hargreaves Lansdown survey has revealed.
This regret rises to over one-in-four (27%) 35-54-year-olds with 19% of overall respondents wishing they had boosted their contributions.
Despite 12% saying they wished they had understood the different retirement options better, 44% said they had no retirement regrets, this was particularly the case for over 55s (53%).
Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said: “It’s important to say it is never too late to make a difference to your retirement. If you can afford to boost your contributions, then you can still significantly improve how much you end up with.
“Those in the 35-54 age group who worry about not getting to grips with their retirement earlier still have at least 10 years (and possibly as many as thirty years) ahead of them to get a plan in place.”
This comes after Hargreaves Lansdown previously reported that 31% of Brits either don’t know where to go for retirement information or would not seek any kind of support.
