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1 in 4 people expect to work to age 70

More than a quarter of people think they will still be working when they are 70 years old, research has found.

Pensions and life insurance firm Aegon polled 700 adults from age 18 to 64, and found that 27% expect to be working either full or part-time at 70.

In general, those surveyed were positive about their physical and mental wellbeing at this age, and 46% believe they will still be fit and healthy enough to work if they choose to.

However, Aegon warns against planning to work indefinitely without a contingency plan in the event of bad health.

The research also suggests that many people will continue to face financial pressures into their seventies, with around 20% expecting to be supporting family financially.

Steven Cameron, pensions director at Aegon, said:

"Being prepared for later life isn't just about the amount you have in your pension, although a healthy pension pot certainly helps.

"You can't predict what life will have in store at age 70, but considering your future in terms of work, health and caring responsibilities will help build a realistic picture of what you should prepare for financially."

Talk to us to make sure you have sound plans in place for your retirement.

Why Clients Choose Easy Accountancy

Easy Accountancy offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.

All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.

All our accountancy services include:
  - Unlimited access to your accountant
  - Ongoing advice on how to manage your business
  - Proactive tax advice throughout the year
  - Updates and reminders so you'll never miss a deadline
  - Free bookkeeping software

As a sole trader our fees start at just £60 + VAT a month, for this you receive the above plus:
  - Completion of your Self-Assessment tax return
  - Advice on how much Income Tax to pay
  - Guidance on National Insurance contributions

As a limited company our fixed fee packages are bespoke to your needs, however typically you’ll receive the above, plus:
  - Completion of your year end accounts*
  - Completion and submission of your annual return Companies House
  - The director/s Self Assessment tax return
  - Payroll bureau
  - Dividends and corporation tax computations

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 01442 275767 or email newbusiness@easyaccountancy.co.uk.

*If you would like us to complete your company year end accounts we simply ask that you have been a client of Easy Accountancy for one year or have made 12 monthly payments.