06 October 2006
The older an individual is, the more financially prepared for
the future they are, according to new research from Scottish
Widows.
The research from Scottish Widows shows that 61 per cent of
over-55s believe they are financially prepared for the future,
while 73 per cent of 18 to 24-year-olds are increasingly worried
about what the future holds.
George Andrew, consumer affairs spokesperson at Scottish Widows,
said: "We all need to be thinking about our financial future no
matter what age we are and it is interesting to see that the older
the wiser really does seem to apply when it comes to finances."
He added that the survey shows that 68 per cent of the nation
does not think that they earn enough to be financially
prepared.
