Not in a hurry to hang up boots

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Updated: May 1, 2015 5:28:21 AM

People also wish to migrate elsewhere after retirement — two out of five want to settle in another city.

With higher life expectancy and rising expenses, over half the people in working age plan to semi-retire before retiring fully. Such a step — more a necessity than choice sometimes — will keep them active, they feel. Rising healthcare costs in retirement are a source of worry for over 80% of working age population. People also wish to migrate elsewhere after retirement — two out of five want to settle in another city. Of these, 15% want to go overseas for a better retired life. The US tops the overseas destination list, followed by the UK.

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