AUSTIN: A global bank has released its research findings into the future of retirement.
Sixteen thousand people were surveyed in 15 markets worldwide to understand the issues associated with aging populations and increasing life expectance globally.
Part of the research focuses on the preferred countries for over 50s migration and the aspirations of a new retirement generation.
The key findings of the report included:
4. Learning a new skill or hobby has more appeal for younger working age people. A third (34%) of people aged 25-44 wish to learn a new skill or hobby when they retire, whereas fewer (23%) people aged 65+ plan to do so. This age difference among pre-retirees is also true for starting a business: 25% of younger people aspire to do this, compared to 16% of older people.