2.5m to carry on working past retirement within 5 years

The data states that between workers aged 55-64, 31% of those in full-time employment and 38% of those working part-time don’t think they will retire when they are eligible for the state pension at 60 for women or 65 for men. This figure, equating to around 1.4m people, could double in the near future due to people waiting to save for their retirement until they are older. The research reveals that in this older age group the average age for older workers to seriously start saving for their pension was 33, while a significant 14% only started at age 41 or older. One in four workers also c...