About 2.2m workers aged 45 and over will postpone retirement from 2009 to 2012 due to the fall in their investments and recession, Prudential says.
A report from the life and pensions firm - the Prudential Class of 2009 retirement survey - also suggests one in four people fear they will never be able to afford to retire. Those delaying retirement say they are concerned they will not be able to get their pension plans back on track for several years. The report says only 25% of those delaying drawing their pension in 2009 expect they will be able to retire before 2012, with an even higher number - 42% - expecting it will be 2012 or beyond before they can stop working, and 23% believe they will never be able to afford to retire. Ho...
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