Covid-19 fuels early retirement for fifth of Brits aged 50 and above

Only one in 10 have had to delay retirement plans

clock • 1 min read

One fifth (22%) of British workers over the age of 50 are bringing forward their retirement plans as a direct result of the pandemic, according to new research from WEALTH at work.

The financial education workplace provider has found 13% of workers have decided to delay their retirement as they enjoy working.  The majority of the survey's 1,320 respondents (54%) said the pandemic had had no impact on their retirement plans at all.  However, just over one in 10 (11%) have had to delay their retirement plans as a result of the pandemic impacting their affordability to do so.  "The pandemic has clearly affected people's retirement plans in different ways," said Jonathan Watts-Lay (pictured), director at WEALTH at work.   "Whilst it has given s...

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