Unforeseen early retirement backup plan of respondents in the UK 2017

This statistic illustrates the alternatives that people list as their financial backup in case of having to stop working earlier than expected in the United Kingdom (UK) as of 2017. It can be seen that a total of 59 percent of the respondents claimed to count on personal savings. A reliance on downsizing property/ selling a second home or on a spouse or partner working completed the top three, with 25 percent of respondents stating these as their back-up options in the event of having to stop working. The least popular back-up plan in the United Kingdom was to take a loan or loans from the bank with only four percent of respondents stating this as of 2017.