Archive - January, 2014

When’s the perfect age to retire?

When is the best time to retire? It’s never an easy decision as there are so many factors to take into consideration – finances, health, family, etc. Even when you do decide, there can sometimes be a nagging doubt that you might have been better off doing it differently.

UK’s Engage Mutual Assurance did a survey last year of 1,500 people (average age of respondents was 59) to find out the answer. Most people (93 percent) agreed that retirement should happen after the age of 50. The answer that most people gave as the perfect retirement age was 60. Said Engage Mutual, “This fits with the current retirement age for women, but is younger than that for men – and significantly out of step with Government plans to raise the retirement age to 67 by 2028.”

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