
Seven out of ten people are changing their career development plan as they believe retirement traditions will change in the future, according to a new poll.
Out of the 1,000 people surveyed by ComRes for BBC's Newsnight, nearly-three quarters expressed worries about not having the money they needed to live their retirement comfortably.
The survey comes after July's announcement that the Government will phase out the Default Retirement Age from April next year as people live longer and healthier lives.
Jeremy Black, professor of history at Exeter University, told the BBC that the tradition of younger generations having more may be about to change.
"The relationship between the generations has been transformed. Whereas it used to be the case that up and coming generations tended to be more prosperous then their parents, now we're going to be in reverse," he told the broadcaster.
The Default Retirement Age currently allows companies to end employment of those aged over 65, but this will slowly be phased out until October next year when it will cease to exist.
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