March 2014
Featured in this insight: Business & enterprise, Public health & wellbeing
Survey finds one in five Britons expect to work until at least 70: Some 19% of Britons predict they will work into their eighth decade of life, compared with an average of 12% of workers in Europe generally, according to a survey of more than 30,000 people in sixty countries by market research company Nielsen.
Additionally, one in twenty-two Britons surveyed believe they will still be working at seventy-six or over while almost half (46%) of British workers said their expected retirement age is later than they would like.
More than one third (35%) of working Britons expect to be relying on their savings to help them get by in their later years. Half (52%) feel they will be financially better equipped than their parents for retirement, significantly lower than the global average of 70%.
Over half (54%) of British consumers reported having enough money to live comfortably as one of the biggest fears about ageing.
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