Research
Retirement and working life.
Life expectancy is rising by three
years a decade - and experts warn that could push state retirement age up to 70
by 2050 - http://www.thisismoney.co.uk/money/pensions/article-3218502/Rising-life-expectancy-push-state-retirement-age-70-2050.html
In 1881 Otto von Bismarck, the
conservative minister president of Prussia, presented a radical idea to the
Reichstag: government-run financial support for older members of society. In
other words, retirement.
Nearly one in eight of the world's workers believe they will
never be able to afford to retire fully while millions of people are not
financially prepared for life after work, according to international research
by HSBC.
HSBC's study confirmed such concerns, with two-fifths of
retired people surveyed in the U.K. reporting that they had either made no
financial plans or were inadequately prepared for a comfortable retirement _ with
35 percent of them only realizing they were under prepared after they had
retired.


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