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Readiness for unforeseen early retirement in Europe 2019, by country

This statistic shows the readiness of Europeans for having to retire earlier than expected in selected countries as of 2019. The majority of respondents in every country presented stated that they did not have a backup plan that would secure them with income in case of having to leave work before they have planned. The share of those individuals ranged from 69 percent in the Hungary to 58 percent in Poland. United Kingdom's population readiness for an early retirement was the highest, with 31 percent of the respondents claiming to have a Plan B in the case of having to stop work before reaching their planned retirement.

Europe: If you are unable to continue working before planned retirement, do you have an income backup plan?

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Source

Release date

May 2019

Region

Europe

Survey time period

2019

Number of respondents

16,000 respondents

Special properties

employees.

Method of interview

Online survey

Supplementary notes

*The findings in this report are based on 14,400 workers and 1,600 retired people surveyed across 15 countries: Australia, Brazil, Canada, China, France, Germany, Hungary, India, Japan, the Netherlands, Poland, Spain, Turkey, the UK, and the US. The survey was conducted online between January 22 and February 14, 2019. Full question read as follows: "In the event that you are unable to continue working before you reach your planned retirement age, do you have a backup plan to provide you with an income?"
Information regarding the scale and index methodology can be found on a dedicated Aegon page.

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