World's wealthy put retirement on hold
Most high-net-worth individuals plan to work past traditional retirement age, with their home nation’s macroeconomic prospects identified as a key motivator, finds a Barclays Wealth survey.
The world’s wealthy are eschewing traditional retirement in favour of continuing to work, while their confidence in having enough money to retire on appears tied to the macroeconomic environment in which they operate, new research finds.
Globally, 60% of respondents to a Barclays Wealth survey of over 2,000 high-net-worth individuals (HNWIs) said they planned to continue working after retirement. The bank has dubbed this modern breed “nevertirees”.
The Middle Eastern nations of Saudi …
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