People are postponing retirement as they cannot afford to stop working, a poll has found.
Some 38% of people have decided against retirement this year, with 22% saying they simply cannot afford to at the moment, insurer Prudential found.
Around 40% of those postponing for financial reasons said they believe they will have to stay in work until they are at least 70 to be able to enjoy their retirement.
On average, those who claim they cannot afford to retire as planned had hoped to stop work when they were 62, but they now think they will be 68 before they give it up.
The proportion of people who think they can no longer afford to retire as they had planned has increased significantly during the past 12 months, rising to 22% now from 15% in 2010.
Vince Smith-Hughes, head of business development at Prudential, said: "Our research shows that people are postponing retirement to either build up their pension pots further or simply to continue in a job that they enjoy."
People living in the South West are the most likely to have put off plans to retire this year at 44%, while those in Scotland are the least likely to be working for longer than they had hoped to, at 31%.