Two-thirds of people due to retire in 2022 intend to keep working in some form to help combat the cost of living crisis or simply to keep busy, according to research from abrdn.
The provider said part-time work or entering the gig economy were potential earners for people who intend to retire this year. It said two thirds (66%) of people retiring in 2022 planned to remain employed in some form compared to 56% in 2021 and 34% in 2020. The data comes from abrdn's Class of 2022 report which surveyed 2,000 people across the country to determine how they will spend their time and money in retirement. Flexible friend The research found a quarter (24%) of the Class of 2022 will go part-time with either the same job or a new one, one in six (15%) will continue to ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
