blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Singapore News

 

Half of Singapore's workforce do not want to work past 60: poll
By S Ramesh, Channel NewsAsia | Posted: 19 December 2007 1738 hrs

 
 
Photos  of

   
 


SINGAPORE : Half of Singapore's workforce are not willing to work beyond the age of 60, according to a survey conducted by The Nielsen Company.

The survey showed that the 550 working adults polled had different ideas about what the ideal retirement age should be.

But only 5% said they wish to remain in the workforce till they're 65.

10% said they would never want to retire while 36% said they would like to retire by 55.

Another interesting find from the survey was that 54% of the respondents said they feel that they need over S$1 million to retire comfortably.

34% blue collar workers said they are unsure that they can afford to retire. 22% of white collar workers felt the same. The percentage drops to 14% when it comes to PMEBs (Professionals, Managers, Executives & Businessmen).

"We have learnt from the study that the ideal retirement age varies widely among the working population; some want to retire as early as under 40 years old, and some who never want to retire. While PMEBs are considerably more certain when they can afford to retire, the same is notably less apparent among the other white collar and blue collar professionals," said Connie Cheng, Associate Director for Customised Research, The Nielsen Company, Singapore. - CNA /ls

 


Other singapore News
Govt to build 10 more family centres to bring help closer
Singapore warns US on anti-China rhetoric
Costs a worry if employers' CPF rate raised
SMRT extends inquiries deadline to March
S'pore should try to up construction productivity: Khaw
S'pore Customs launches dedicated training school
Singaporeans supportive of climate change actions
40 firefighters tackle fire at Riverside Road factory
MOE introduces new component in lower secondary humanities subjects
9 NMPs formally appointed
Educate public on need for social services: Chan Chun Sing
Police coast guards present patrol boats to Indonesian counterparts
New energy labels for electrical appliances?
Body found under CTE flyover
NIE, Columbia University launch joint master's programme
Man arrested for impersonating cop
Police bust illegal gambling den
43-year-old man jailed for having sex with minor
2 young women found dead at Changi chalet
Chinese national charged for kicking policeman in groin
Fire at Riverside Road factory under control
SICC sacks GM, accuses him of "grave misconduct"

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions