Understanding the Shift in Life’s Timelines
In recent years, a noticeable shift in how people approach life’s major milestones has emerged. Andrew Davis FCCA, drawing on the latest data from the Office for National Statistics (ONS), discusses the financial implications of these changes. From starting work to buying homes, marrying, and retiring, the timeline for these life events is extending further into the future. Here’s what this means for financial planning and advice.
The Changing Timeline:
1. Starting Work and Leaving Home:The data indicates that on average, individuals now begin full-time employment at the age...