Health beats finance as top retirement trigger

While 50pc of the survey respondents claimed ill health had prompted them to retire, only 3pc retired because they could afford to do so. 84pc of those surveyed retired before reaching the state retirement age, but 46pc had not retired out of choice. Almost a fifth (19pc) of respondents had tired of working, 10pc had received an early retirement package, 8pc had been made redundant and only 7pc had retired because they had reached state pension age. Head of pensions marketing at Skandia, Nick Bladen, commented: "It's natural to assume that most people retire today because they have re...