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New survey reveals majority of workers would like to retire early

May 16, 2023 08:28 By News Northern Sound
New survey reveals majority of workers would like to retire early
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Most employees would like to retire at the age of 60 or before if they were given the choice.

A new survey shows 36 per cent of workers would retire at 60, with 21 per cent preferring to retire at 50 if they could afford to, while 18 per cent would stop working today if finances allowed.

The figures contained in a Royal London Ireland survey also found twice as many men as women would like to retire today if they could. Twice as many men as women would like to retire today if they could (24pc of men versus 12pc of women).

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People living in Dublin were more likely than those living in Munster to cite 50 as the ideal retirement age 20% versus 14%. Early retirement is very much high on the wish list of the young with those aged between 18 and 24 being the most likely age hoping to retire at 50.

The figures also reveal women are more inclined than men to want to work until the age of 66. About one in twelve said they never want to fully retire, with a higher proportion of those aged 55 plus agreeing

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