In the UK, many younger people are reaching key life events later than previous generations. On average, people aren’t buying their first home until they’re 34, the highest age in decades. And the average age to get married has gone up to 32.
Those big life events can be triggers for sorting out your finances. So people are also often putting off important decisions like getting life insurance, considering income protection and saving a bit of extra money into their pension pots.
Our host Kia Commodore chats with Koren Byrne from Legal & General. They talk about our recent research, the impact on younger people’s financial wellbeing and what you can do.
You can play the podcast and find other useful content on Legal & General’s website:
www.legalandgeneral.com/podcasts/a-little-bit-richer
You can find out a little bit more about Protection products here:
www.legalandgeneral.com/insurance/
Kia and her guests share their own personal thoughts and opinions in this podcast. These might be different from Legal & General’s take on things. They give financial guidance for a UK audience that’s relevant at the time of recording. It’s general best practice, not the kind of personalised advice you’d get from a financial adviser.
See omnystudio.com/listener for privacy information.
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