Almost three-quarters of workers aspire to retire by age 60 or sooner
Almost three-quarters of Ireland’s working population would like to retire by age 60 or sooner, according to new research.
The latest Retirement Aspirations survey commissioned by pension company Royal London Ireland, shows that four in ten respondents would like to retire by the age of 50 or even sooner if they could.
7% of those surveyed said they never want to fully retire, a figure that rises 11% for respondents over 55.
Other findings show that 15% are happy to wait until the State pension age of 66 to retire, while 6% are prepared to continue working until they are 70.
“We asked this same question in 2023 and we found that in both 2023 and 2025, 60 is the most popular retirement age, chosen by over one-third of respondents,” said Mark Reilly, Pension Proposition Lead at Royal London Ireland.
“However, we found a notable eagerness for early retirement in even greater numbers this year with 26% wishing to retire at 50, up from 21% in 2023,” Mr Reilly said.
“It’s interesting to note that more women would prefer to retire at 50, while a greater number of men would happily retire today if they could,” he added.
The survey of 1,000 people was conducted by iReach.
Article Source – Almost three-quarters of workers aspire to retire by age 60 or sooner – RTE
