COVID-19 fuels early retirement for fifth of 50+ Brits

Only one in 10 have had to delay retirement plans

clock • 1 min read
COVID-19 fuels early retirement for fifth of 50+ Brits

One fifth of British workers over the age of 50 (22%) are bringing forward their retirement plans as a direct result of the pandemic, according to new research from WEALTH at work.

The financial education workplace provider has conversely found 13% of workers have decided to delay their retirement as they enjoy working.   The majority of the survey's 1,320 respondents (54%) said the pandemic had had no impact on their retirement plans at all.  However, just over one in 10 (11%) have had to delay their retirement plans as a result of the pandemic impacting their affordability to do so.  "The pandemic has clearly affected people's retirement plans in ...

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