AEGON's retirement readiness survey shows that the retirement cliff is no longer possible.

1. “RETIREMENT CLIFF” GIVING WAY
TO PHASED RETIREMENT
LOOKING AHEAD, HOW DO YOU ENVISION
YOUR TRANSITION TO RETIREMENT?
6 OUT OF 10 PEOPLE SURVEYED DO NOT EXPECT A
TRADITIONAL “RETIREMENT CLIFF” EXPERIENCE
73%* 55%*
UNITED THE
STATES NETHERLANDS
69%* 44%*
UNITED
FRANCE
KINGDOM
*
TOTALS + + COMBINED
TOTAL COUNTRY GENDER
10.6%
1%
30.1%
14.7%
8100*
17.7%
25.9%
FRANCE GERMANY HUNGARY
I will immediately stop working
altogether and enter full
retirement
33.6% 14.4%
I will change the way I work 26.1% 0.8%
(e.g. working part-time or on
temporary contracts) but only
for a while POLAND SPAIN SWEDEN 16.9% 8.3%
I will change the way I work
(e.g. working part-time or on
temporary contracts) and I will
continue paid work
26.8% 15.1%
I will keep working as I
currently do. Retirement age 25.8% 1.1%
won’t make a difference to the
way I work 18.4% 12.8%
THE UNITED UNITED
NETHERLANDS KINGDOM STATES
Other
* 900 of the 9000 survey respondents
Don’t know had already retired and are therefore
not included in this question.
The Changing Face of Retirement – The AEGON Retirement Readiness Survey 2012