AROUND 50% of people in Ireland are prepared to work past retirement age to fund their post-career years, according to data from the Central Statistics Office. Research shows that many of us continue to freeze our retirement savings as a result of the economic downturn, with 34% of people not regularly putting aside money for retirement.

However, by not saving for retirement, Ireland’s older generation may find themselves forced to live a very frugal lifestyle with only the state pension to live on. And for many, the worry about affording retirement can often overshadow what should be the start of their golden years.

Some of the biggest worries for pre-retirees include:

  • Unexpected expenses
  • Shrinking retirement fund
  • Keeping up with rising cost of living
  • Facing the stark reality of end of life planning
  • For those approaching retirement, there are so many things to think about. Many may choose to stop working altogether, while others want to continue working to earn extra income for their golden years. Click here to access the full guide which explains how to take the worry out of retirement and instead enjoy this important time of your life.