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Backup plan for unforeseen early retirement according to respondents in Hungary 2017

This statistic illustrates the alternatives that people list as their financial backup in case of having to stop working earlier than expected in Hungary as of 2017. It can be seen that a total of 60 percent of the respondents claimed to count on personal savings. A reliance on redundancy insurance or on a spouse or partner working / downsizing or selling property completed the top three, with 29 percent and 28 percent of respondents respectively stating these as their back-up options in the event of having to stop working. The least popular back-up plan in Hungary was to rely on mortgage payment insurance with only one percent of respondents stating this as of 2017.

Which, if any, of the following are part of your “backup plan” for an income in the event that you are unable to continue working due to ill health or job loss?

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Source

Release date

June 2017

Region

Hungary

Survey time period

2017

Number of respondents

14,400 respondents

Special properties

employees in Hungary

Method of interview

Online survey

Supplementary notes

Information regarding the scale and index methodology can be found on a dedicated Aegon page.

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