According to new research* from YouGov and leading wealth manager Old Mutual Wealth, almost one-third of retired people were still carrying debt at the point they gave up full time work. The research, to be published in Old Mutual Wealth’s Redefining Retirement study, revealed that the average amount of debt held at the point of retirement is £34,500, however 19% of people had debts of over £50,000 and almost one in ten had debts of over £100,000.