Baby boomers
12 September 2012
More than 50% of baby boomers expect to work past retirement
More than half of the ‘baby boomer’ generation expect to work past retirement age, according to a survey by pensions group AEGON.
The poll of 2,000 people found that 56% of people aged 50-65 plan to continue to work passed pensionable age.
Many considered themselves too young to retire, but 40% said they would only be able to “get by” if they stopped working completely and 16% said they would not be able to cope financially. And 42% admitted they had no idea how much income they could expect from their pensions and investments.
