What Age Do People Actually Retire?

Latest research from the IFS into the state of retirement in the UK offer interesting insight into when people retire and how younger generations should prepare for theirs.

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Sources:
Main paper: https://ifs.org.uk/publications/understanding-retirement-uk
OECD info: https://www.oecd-ilibrary.org/sites/e4d8d9b3-en/index.html?itemId=/content/component/e4d8d9b3-en#:~:text=The%20average%20effective%20age%20of,years%20and%2058.4%20years%20respectively.
Increasing state pension age: https://ifs.org.uk/sites/default/files/output_url_files/R211-How-did-increasing-the-state-pension-age-affect-household-incomes.pdf

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Timestamps:
00:00 - When will you retire?
01:01 - What is retirement?
02:20 - Economic Inactivity
05:31 - How to protect yourself
06:32 - Sponsor
07:28 - How many people keep working?
10:24 - When do people retire on average?
11:53 - When will younger people get to retire?
13:26 - Things you should do.

Видео What Age Do People Actually Retire? канала Damien Talks Money