Most of us have New Year resolutions. How about having a wealthcheck?
According to a report from the Institute for Financial Studies, a generation of middle-aged people will always depend on their parents’ money, by relying on an inheritance to achieve the lifestyle their parents achieved.
The opportunity to gather wealth from rising house prices and gold plated pensions that older people benefitted from will not be repeated for their children, the report said.
Need advice? We are here to help you plan for your future.