In Brief: Delaying retirement: Why the pandemic is forcing a widespread rethink of retirement plans #RetirementReady
Thursday, 12 November 2020
The pandemic is forcing a widespread rethink of retirement plans. Currently 1.5 million workers aged over 50 are planning to delay their retirement as a direct result of the pandemic. The most recent data from the Office for National Statistics highlights the number of workers aged above 65 years is at a record high of 1.42 million[2]. However, if people change their retirement plans in response to the pandemic, this could increase considerably.
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