|A resounding 70% said they planned to retire well before 65, the statutory age of retirement for men.|
‘What a great question,’ said an anonymous respondent. ‘Definitely not, 50 is old enough for anyone and in this day and age only a fool assumes they will still be working past 50!’
‘I am putting enough away to ensure I can retire at 55,’ said Graham Mill, financial director at Eclochem.
Others had more luxurious reasons for saving. ‘Buying a boat and sailing around the world would be much better. I think that I will work until I have saved enough money,’ said one FD.
A mere 12% of over 200 FDs interviewed this week said they intended to work until they were 65. But, those that are eager, appeared positively joyous. ‘I am now 70 and still going!’ said one FD. ‘I’m already over 60 and I will continue because I love it,’ said another.
Long hours are the norm
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel