Quarter of adults have no provisions for retirement
Monday, 26 November 2007
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One-quarter of Irish adults have made no financial provision for their retirement, according to a survey conducted by the Halifax bank.
The bank says around one-third of respondents had taken out a pension, one-quarter had savings and less than one-tenth had an investment property.
However, more than 20% said they thought they would have to work part-time in their retirement.
Just under half of respondents said they would like to retire between 60 and 65.
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