Retiring later and more stressed

The number of Australian workers believing they will not retire before the age of 70 is growing, according to the 2015/16 Global Benefits Attitudes Survey by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company.

Two out of five employees expect to work to age 70 or older but, in a telling metric for business, the research indicates it is the less healthy, less engaged, and less productive employees in the workforce who expect to retire later.

Willis Towers Watson senior consultant David McNeice said there are significant short and long-term financial stresses for Australian employees, with inadequate retirement incomes a major factor.

To learn more please view the full media release and survey results online.

Source: Willis Towers Watson