6 out of 10 Swedes want early retirement

A significant proportion of employees in Sweden want to retire at the age of sixty-one at the very latest, according to a new survey by SIFO on behalf of the Länsförsäkringar Alliance, which consists of 24 independent regional insurance companies.

62% of men and 63% of women want to be pensioned off by the age of sixty-one. In contrast, only 5% of men and 4% of women want to retire after the age of sixty-five.

In its reaction to the publication of these figures, the Länsförsäkringar Alliance said it is concerned that the current political debate is about extending the working life of older people.

“There are several hundred thousand young people without work,” said Eva Adolphson, Länsförsäkringar’s welfare-analyst. “More emphasis should be put on getting young people into work.”

There are approximately 1.3 million people under the age of sixty-five out of work in Sweden, including the unemployed and people on sick-leave or who have taken early-retirement.

“It’s important that a large proportion of the population are employed to maintain the social security system,” said Adolphson.

“There are always people who are unable to work because of illness, but I’m convinced there are several hundred thousand younger people who both can and want to contribute to the working world.”