There is a seven-year gap between the age at which people want to retire and the year at which they will actually retire, new research indicates.
Retirement specialist Just Retirement, surveyd over 100 people between the age of 35 and 64 and found 61% believe the retirement age will increase to age 70 or higher in the next 20 years. Seven out of ten people believe they have not made a big enough contribution to their pension schemes, while 90% are certain that in order to fund retirement, they will have to work longer, save more and find other methods of funding. According to Just Retirement, the average life expectancy for a man aged 65 is to live a further 17 years to 82, while a female aged 60 is expected to live an additional...
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