04 March 2009
According to a report from Prudential, about 2.2m workers aged
45 and over will postpone retirement from 2009 to 2012 due to the
fall in their investments and the recession. The report also
revealed one in four people fear they will never be able to afford
to retire.
Those delaying retirement said they are concerned they will not
be able to get their pension plans back on track for several
years.
25% of those people surveyed who are delaying drawing their
pension in 2009, expect they will be able to retire before 2012,
with 42% expecting it will be 2012 or beyond before they can stop
working, and 23% believe they will never be able to afford to
retire.
