The Future of Retirement

The Future of Retirement: Life after work? A global survey based on responses from 16,000 people in 15 countries More than one in 10 workers across the world believe they will never be able to afford to retire fully CAN UK FRA USA CHN UAE TWN IND EGY Global Average MEX HKG 12% MAS BRA SIN AUS UK 19% Austrailia 15% UAE 10% Realistically, when do you expect to be able to afford to fully retire from all paid employment? A; never Malaysia China USA 18% India 13% Hong Kong 12% France Taiwan Canada 17% 7% Singapore 17% Egypt 12% Mexico 7% 16% 10% Brazil 5% Divorced/Separated Widowed 17% 20% 23% of over 55-64 year olds believe they will have to contine working indefinitely This compares to just 44% 10% of those living alone, say they don't think they will ever retire of 25-34 year olds of 55-64 year olds aspire to continue work ing to some extent in retirement age 38% of these people only realising they were underprepared after retiring 14% 46% ofthose who did not 38% prepare adequately or at all said they would have to go back to work of people say they have been unable to realise their plans for retirement because they have less money to live on than they had envisaged of retired people said they had not prepared adequately or at all for retirement 19% 9% would start to work aga in HSBC