08 September 2009
According to latest research by MetLife Europe, just two out of
five people who are close to state retirement age believe they have
saved enough to afford to be financially comfortable when they stop
work.
The study among men aged 59 to 64 and women aged 55 to 60 shows
one-in-three will continue to work either part-time or full-time in
order to have a decent lifestyle, with one-in-five accepting that
retirement will have to mean lowering their standard of living.
It found men are more likely to keep working
in retirement. 32% of men will work part-time and 7% will work
full-time compared with 22% of women continuing to work part-time
and 5% working full-time.
