| Although 83% of UK adults consider financial preparation for death important, almost a third have not acted | 74% of people believe emotional preparation is as important, yet 13% feel too uncomfortable to discuss | Later-life planning does not need to happen all at once but having a clear plan can provide reassurance |
Most people recognise the importance of getting their affairs in order, yet many never move from intention to action. While conversations about later-life planning are rarely easy, taking practical steps today can make a significant difference for loved ones in the future.
Research6 has found that 83% of UK adults believe financial preparation for death is important. However, almost a third (32%) admit they have taken no action at all.
Only 38% have a valid Will in place, while just 26% have communicated their wishes to family members. Even fewer (18%) have organised important financial information such as pension details, investment accounts, insurance policies and other key records. The result can be unnecessary stress, delays and complications at what is already a difficult time for families.
The emotional challenge
Practical planning is only part of the picture. The research also found that 74% of people believe
emotional preparation is important, yet 13% say the subject feels too uncomfortable to address. This reluctance is understandable. Discussions around mortality are hardly joyous but avoiding them often creates greater uncertainty for those left behind.
Small steps can make a big difference
Later-life planning does not need to happen all at once but having a clear plan in place can provide reassurance not only for you, but also for those closest to you.
6Aegon 2026