Tuesday 27 February 2024

Most UK adults believe the concept of retirement is dying out

Yeah, dying out because we're living in a corrupt world where you have to work until you're dead now while the rich -

Ah, never mind.

Good afternoon,

It's morning, mate.

'Who is that?'

I don't know, Voice.

I'm writing to share some new research, which has revealed that 73% of Britons who plan to retire past pension age believe that the traditional approach to retirement is dying out, whilst over two-thirds (65%) still plan to do some part-time work.

And what will the rich be doing??? Just asking, like.

Hope to hear from you soon. 

Eh?! You're not going to hear from me, son, but I'm covering the story. Be happy with that.

These people ...

'Boss, who is this guy?!'

Christ!

Best,

Scott

He's Scott.

'Scott who?!'

I don't know! It doesn't matter, does it? Let's just do this PR email before I lose interest.

'Okay. Keep your hair on.'

A new independent survey of 2,000 UK adults has found:  

42% expect to retire after the current state pension age (66). Of those… 
73% believe the traditional approach to retirement - fully stopping work at a particular age - is becoming less common 
65% envisage doing some part-time work in 'retirement'  
The majority of UK adults believe the traditional approach to retirement is becoming less common, with many planning to carry on part-time work even once retired, new research by SmartSave, a Chetwood Financial company, has found.

The digital bank commissioned an independent, nationally representative survey of 2,000 UK adults. It found that 44% of those still in work believe they will retire at 66 or younger, compared to 42% who expect to retire past the current state pension age (66, set to rise to 67 in 2026). 

Uh.

But why, why, why???

I mean -

The research highlighted several factors contributing to people's changing attitudes towards retirement. A third (34%) of those planning to retire at 67 or later stated that advances in technology, remote working, and the gig economy blur the line between working life and retirement.

Gig economy! Oh, that's it! I've had enough!

ENDS
EN -

'Let's hear from Andy first!'

Who?!

'Andy.'

Andy. Right.

Andy Mielczarek, Founder and CEO of SmartSave, a Chetwood Financial Company, says: "The cost-of-living crisis has undoubtedly affected people's ability to save and prepare for retirement. But there's an important and often-overlooked question we need to ask: do the traditional notions of retirement still hold up?

"The research highlights that for millions of UK employees, the way they think about retirement is evolving. For many, it is no longer black and white - part-time work in later life will play a big part in how they transition into retirement, and this is not always a financial necessity, but the survey shows that there are a lot of people who want to keep working."

Ha, ha, ha! Oh, that's it! Sorry, Andy. People don't want to keep working until they drop dead.

ENDS
ENDS
ENDS

...

Anything else?

You want more, kooks?

'They want you to keep working, boss.'

They're sick, Voice. Sick in the head.

'I know.'

I've got more important things to do, kooks. Really.

'Like what?'

Like write a conceptual, Voice. Number, er ...

'No. 1,178.'

Nice one!

'That's still work, boss.'

Ha, ha, ha! It doesn't feel like work these days.

'Oh.'

Man ... I love to get a-ROUND!

Laters.

'Bye!'