At Lang and Barrett International, one thing we have encountered when helping people plan their retirement is that almost all are thinking about financing their later years independently. As people live longer and healthier lives, having to stop working at 60 or 65 due to illnesses associated with old age is no longer the norm. Many continue working well beyond traditional retirement ages, especially if they own a business.
Retirement now means reaching a stage in life when you have the financial independence to live life the way you want without relying on income from employment to pay your bills or becoming a burden on other family members.