December
20
Half of Singapore’s workforce do not want to work past 60: poll
Posted in News on December 20th, 2007 by Justin Ng
SINGAPORE : Half of Singapore’s workforce are not willing to work beyond the age of 60, according to a survey conducted by The Nielsen Company.
The survey showed that the 550 working adults polled had different ideas about what the ideal retirement age should be.
But only 5% said they wish to remain in the workforce till they’re 65.
10% said they would never want to retire while 36% said they would like to retire by 55.
Another interesting find from the survey was that 54% of the respondents said they feel that they need over S$1 million to retire comfortably.
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