{"id":832,"date":"2014-03-03T14:44:45","date_gmt":"2014-03-03T14:44:45","guid":{"rendered":"http:\/\/www.newsfin.co.uk\/news\/?p=832"},"modified":"2014-03-03T14:44:45","modified_gmt":"2014-03-03T14:44:45","slug":"long-term-worries-for-the-uk","status":"publish","type":"post","link":"https:\/\/www.vizionwealth.co.uk\/news\/long-term-worries-for-the-uk\/","title":{"rendered":"Long-term worries for the UK"},"content":{"rendered":"<p><strong>Preparing for your financial future<\/strong><br \/>\nBritons spend more time planning their next holiday, haircut and shopping excursions than they do making preparations for their financial future, according to new research.<!--more--><\/p>\n<p>The new Scottish Widows study examines the long-term worries of the nation and reveals that we&#8217;re trapped in a vicious circle of our own making, as the things we worry about most are also the things that we tend to put off planning.<\/p>\n<p><strong>A nation of procrastinators<\/strong><br \/>\nThe findings reveal that the UK is a nation of procrastinators, with only 5% delaying plans for a weekend food shop, compared to 22% who delay planning for retirement. Nine out of ten people think it is important to have a plan in place for retirement, yet more than one in three (36%) have no plans at all.<br \/>\nHealth is the number one worry for over half (57%) of the nation, but is also the area people are most likely to avoid taking action, with 28% of people putting off visiting the doctor or dentist.<\/p>\n<p><strong>An impact on wellbeing <\/strong><br \/>\nEveryday long-term worries about the future are having an impact on our wellbeing and productivity, with more than one in ten (14%) admitting to spending an hour or more of their working day worrying about and sorting out personal admin related to their finances.<\/p>\n<p>Removing this stress would result in more than one in four (26%) of people doing more exercise, and one in five (20%) spending more time with their partner.<\/p>\n<p>Almost a third (31%) even said they would sleep better, with a just over quarter (26%) of all those surveyed admitting that staying awake worrying about the future means that they are too tired to focus the following day at work.<\/p>\n<p>The research showed 85% of people agree that having a plan in place helps to ease worries and anxieties.<\/p>\n<p><strong>Having enough to live on <\/strong><br \/>\nWhen asked how far in advance people start planning their financial future, 39% of people admit to worrying about whether they&#8217;ll have enough to live on after retirement, but only one in five (20%) worry about whether they should actually be contributing to a pension. Alarmingly, only a quarter (26%) would start planning for retirement 20 years ahead of time.<\/p>\n<p>The top 10 worries were revealed to be:<\/p>\n<p><strong>Top 10 worries Top 10 delayed plans <\/strong><\/p>\n<p>1) Our own health Going to the doctor or dentist<br \/>\n2) How much money we have to Saving for retirement<br \/>\nspend on an everyday basis Losing weight (Both Tied)<br \/>\n3) The health of our kids Getting a haircut<br \/>\n4) Whether we&#8217;ll have enough Having a plan in place for our to live on after retirement financial future Getting a new job (Both Tied)<br \/>\n5) The health of our partner and relatives Buying a new house<br \/>\n6) How mch we weigh and losing weight I don&#8217;t put off planning anything<br \/>\n7) How well our kids are doing at My physical and aesthetical school and their later education appearance<br \/>\n8) Relationship with your partner joint Saving for a holiday and planning<br \/>\nwith clearing debts an outfit for an occasion<br \/>\n9) Employment including redundancy Saving for a property and our next job<br \/>\n10) Whether you&#8217;ve locked the Buying gifts for an occasion door to your home or car<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preparing for your financial future Britons spend more time planning their next holiday, haircut and shopping excursions than they do making preparations for their financial future, according to new research.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5],"tags":[],"_links":{"self":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/832"}],"collection":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/comments?post=832"}],"version-history":[{"count":0,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/media?parent=832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/categories?post=832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/tags?post=832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}