“The Working Late report commissioned by Wealth Wizards and carried out by the Centre of Economics and Business Research (CEBR) – which polled 1,000 workers and 500 companies – showed that 86 per cent of employees want to retire at or before the age of 65.

However, 20 percent of respondents do not believe they will ever be able to retire.

 

 

For Kay Neufeld, senior economist from CEBR, the report showed that there is “inaction by employers”.

He said: “Only two out of five employers said that they would prefer their workers to retire at 65, rather than working indefinitely, so there is a very high tolerance from employers of having people work into a very late age, into 70 and 80 [years old], even.”

 

 

Read the full article here.