Property News · March 22, 2016

Millions of older workers forced to delay retirement


Four in 10 over-50s expect to work until 70 or older due to insufficient pension savings and lingering debt, says AvivaMillions of workers in their 50s have been forced to postpone their retirement by eight years due to a lack of pension savings and high levels of debt, according to a report from Aviva. Forty per cent of people in their 50s expect to work until 70 or older, the insurer found. In a sign that the days of early retirement – in the private sector at least – are over, only 5% said they were financially capable of retiring in their 50s. Continue reading…

Source : theguardian.com
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