Pensioners Will Continue to Work

Half of workers eligible for state pension will consider delaying retirement - with one in four saying they are not ready to give up work

Emma Wall 7 February, 2014 | 3:57PM
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An increasing number of workers approaching official state pension age are choosing to delay their retirement. According to Prudential, one in four workers due to retire this week say they are not ready to give up full-time employment - and as a result, half are delaying their retirement.

Plan ahead to ensure a comfortable retirement

In the Pru's Class of 2014 survey revealed that the majority of workers would work past 65 - if it could ensure a more financially comfortable retirement. Those approaching retirement also stated health reasons for prolonging their employment, saying they thought continuing to work would keep them mentally and physically fit. Of those questioned, only three in 10 said they had no financial concerns about retirement.

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About Author

Emma Wall  is former Senior International Editor for Morningstar

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