Three Quarters Would Cut Spending for Early Retirement
UKPulse Money Desk
A recent survey by Aegon indicates that three-quarters of workers would reduce current spending to retire five years earlier. Additionally, around one in six would consider downsizing their home.
- Three-quarters of workers would cut spending to retire five years early.
- Around one in six workers would downsize their home for early retirement.
- The survey was carried out by Aegon.
A survey conducted by Aegon has found that three-quarters of workers are willing to reduce their current spending habits if it meant they could retire five years sooner. This highlights a significant desire among the workforce for earlier retirement.
The survey also revealed that approximately one in six workers would consider downsizing their home as a means to free up capital to facilitate an early retirement.