Mistakes in their 60s leave a third in debt in their 70s

By the time we finally get the chance to leave the rat race, most people have been looking forward to it for years - if not decades. So it's no wonder that new research shows that we have big plans for our golden years. Some 22% of people plan to take a luxury holiday when they retire, 15% want a new car, 12% will take a cruise and one in ten will buy themselves a 'retirement' present.

However, the experts are warning that splurges like this are leaving people seriously strapped for cash in their later years.%VIRTUAL-SkimlinksPromo%