These three financial issues are the most prevalent facing the elderly today and you can avoid these problems by planning now.

Financial planner at Quilter Financial Advisers, Jordan Clark, 31, said these problems are causing the most difficulty for retired Brits and impacting choices available in later life.

Mr Clark said: “The first issue is the rise in people not owning their own home later in life. Retirement should be the point where your biggest cost, which for a lot of people is your