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Two in three Singaporeans can't retire at their desired age: survey

Published on May 26, 2014 1:56 PM
 
People sit along the walkway at Raffles place financial district in Singapore on April 30, 2014. Most Singaporeans do not think they will be able to retire at their desired age, according to a new survey by insurer Aviva. -- FILE PHOTO: AFP 

SINGAPORE - Most Singaporeans do not think they will be able to retire at their desired age, according to a new survey by insurer Aviva.

The Aviva Consumer Attitudes Survey, released on Monday, found that just 36 per cent of respondents think they can retire at the age they want to.

More than half - or 54 per cent - said they would like to retire before they turn 60.

The findings also showed that 53 per cent of respondents are worried that they will not be able to afford an adequate standard of living in retirement.

 
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