The impossible dream – Retirement

relaxing_cash_1600_wht_7397One in five working people believe they will never be able to afford to retire.

And four out of ten of those who believe they will retire from full-time work believe they will have to work part-time.

These figures come from a poll from the Association of  British Insurers which asked a representative sample of over 2,500 questions about work and welfare.

As there is no longer a statutory retirement age you can theoretically work until you drop.

As the UK has the lowest pension in the EU, half of that in the  Netherlands which is the second worst, and with interest rates on savings being held low, it’s no wonder people of pension age find it hard to make ends meet.

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