One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.
Some 40% of non-retired people surveyed - the equivalent of 14.7 million people - said they did not know when they would be able to stop working, up from 38% in 2012 and 36% in 2011. Worryingly, despite nearing the traditional retirement age, 34% of 55-64 year olds - around 1.8 million people - said they did not know when they will be able to retire. Overall, the research found that the average age when people say they plan to retire has also increased - to 64 years old in 2013 from 62 in 2009. For people aged over 65 who have yet to retire, their expected retirement age is 71. Bar...
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