As the number of one-person households continues to rise, recent Office for National Statistics (ONS) analysis reveals the financial situation and personal well-being of those living alone:
Proportion of household disposable income spent on housing costs, by household type, household reference persons aged 25 to 64 years, UK, financial year ending 2018:
Note: % of disposable income spent on rent or mortgage is the average paid by those who rent, or those who own their home with a mortgage, respectively.
Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.
You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.
With some careful planning and advice from a financial adviser, you could help to reduce the age at which you are currently able to retire. Here are five steps you can take to help improve your chances of retiring early.
Finura Director, Nathan Mead-Wellings, talks to Money Marketing magazine about behavioural science in the context of financial planning.
Inheritance tax could be due a major overhaul, with a new report recommending sweeping changes to gifting rules, life insurance policies and even who pays the bill.