One in four people expect to work till they are 70 - Aegon

Nearly 3/4 expect financial stability

Hannah Godfrey
clock • 1 min read

More than one in four (27%) people think they will be working either full or part-time when they turn 70, with women (24%) slightly less likely than men (28%) to think this, according to research by Aegon.

Aegon asked a panel of 700 consumers aged between 18 and 64 to reflect on aspects of life that might influence their well-being at age 70, such as work, health and caring responsibilities. Just under half (46%) of the respondents said they expected they would still be fit and healthy enough to work if they choose to at the age of 70. Half (50%) thought they would be fit and healthy enough to enjoy their retirement fully, two-thirds (66%) thought they would be physically active at 70, 63% felt they would be mentally agile, and nearly three-quarters (74%) of respondents were confident t...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Inflation shocks driving another long uptick in annuity sales

Inflation shocks driving another long uptick in annuity sales

‘Customers should be careful that this is the right decision for them’

Hope Coumbe
clock 23 April 2024 • 1 min read
Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read