On average, those currently aged between 45 and 64 say they would like to retire at 68
New research from Standard Life, part of Phoenix Group, has discovered that people are planning to retire at or beyond their State Pension age, as they look to establish additional financial security for retirement. - two years later than the current State Pension age.
The findings, contained in Standard Life’s Retirement Voice study, reveal that people are planning to retire at a much later age than those who are currently retired, which may be due to the responsibility for funding retirement now shifting to individuals. Commenting on the findings, Dean Butler, Managing Director for Customer at Standard Life, said: “People are expecting to retire later than their predecessors, allowing further time to build up their financial security to last throughout their retirement. In contrast, current retirees were more likely to base their decision to retire around their health and being ready to stop working, with financial security less of an influence.
Top Money Stories Today Dean continued: “With people having to take greater responsibility to fund their retirement combined with levels of outright home ownership at the point of retirement decreasing, it’s no surprise that more people than before are considering working beyond the state retirement age in the hope of securing a stable financial position when they eventually retire.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Married people of State Pension age may be due weekly income boost of up to £306The latest figures from the Department for Work and Pensions (DWP) show that 12.6 million people are now receiving State Pension payments
Lire la suite »
New calls to scrap Council Tax bills for people on State Pension rejectedMore than 20,830 people have signed an online petition calling for Council Tax to be abolished for pensioners.
Lire la suite »
Capita hack prompts watchdog to warn pension funds over data\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »
Capita: Watchdog warns pension funds over data after hackThe Pensions Regulator has told hundreds of funds to check details of customers after a data leak.
Lire la suite »
What's been your worst PC building catastrophe?In this latest Weekend Question we asked: what's the worst thing that's happened to you when building a PC?
Lire la suite »
Work on 'most precious' Notts' building on hold amid legal actionThe Society for the Protection of Ancient Buildings has taken legal action against Broxtowe Borough Council after it gave permission to create homes at the rear of the Grade II* Willoughby Almshouses in Cossall
Lire la suite »