Two thirds of retirees to stay in employment - survey

Carmen Reichman
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Two thirds of employees approaching retirement are planning to stay in either paid or unpaid work once they retire from their full-time jobs, a survey suggests.

Of those aged 50 or over in full-time employment 65% intend to stay in work, more often because they enjoy working than needing the additional income, wealth manager Towry's Keeping busy in retirement survey indicated. The research - conducted in February among 501 UK adults with a personal income of £40,000 plus - also found 40% of respondents intend to carry out voluntary activities during their retirement, predominantly to help their community or fill some time. Head of retirement planning Andy James said: "This survey has shown that many who have planned well for their retirement ...

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