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Early Retirement Hopes Fade

The number of people who expect to be able to take early retirement is falling according to research by Virgin Money.

Only 27 per cent of the 600 people surveyed believed they would be able to retire before the age of 60, compared to 37 per cent two years ago.

Although a steady proportion of approximately 50 per cent of those questioned over the past three years intend to retire between the ages of 60 and 65, the number of people who expect to continue working beyond the age of 65 has risen to 13 per cent from 9 per cent.

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