• Cristiano Ronaldo celebrates on his debut for Al Nassr with teammate Anderson Talisca, who scored the winner in the 1-0 Saudi Pro League victory over Al Ettifaq at Mrsool Park, Riyadh, Saudi Arabia, on January 22, 2023. Reuters
    Cristiano Ronaldo celebrates on his debut for Al Nassr with teammate Anderson Talisca, who scored the winner in the 1-0 Saudi Pro League victory over Al Ettifaq at Mrsool Park, Riyadh, Saudi Arabia, on January 22, 2023. Reuters
  • Cristiano Ronaldo celebrates with Anderson Talisca, who scored Al Nassr's winner against Al Ettifaq. Reuters
    Cristiano Ronaldo celebrates with Anderson Talisca, who scored Al Nassr's winner against Al Ettifaq. Reuters
  • Cristiano Ronaldo celebrates with Anderson Talisca. Reuters
    Cristiano Ronaldo celebrates with Anderson Talisca. Reuters
  • Cristiano Ronaldo makes a run on his Al Nassr debut. Getty
    Cristiano Ronaldo makes a run on his Al Nassr debut. Getty
  • Cristiano Ronaldo in action for Al Nassr against Al Ettifaq. Reuters
    Cristiano Ronaldo in action for Al Nassr against Al Ettifaq. Reuters
  • Cristiano Ronaldo celebrates Anderson Talisca's winning goal. Reuters
    Cristiano Ronaldo celebrates Anderson Talisca's winning goal. Reuters
  • Cristiano Ronaldo of Al Nassr runs with the ball. Getty
    Cristiano Ronaldo of Al Nassr runs with the ball. Getty
  • Cristiano Ronaldo of Al Nassr during the game at Mrsool Park Stadium. Getty
    Cristiano Ronaldo of Al Nassr during the game at Mrsool Park Stadium. Getty
  • Cristiano Ronaldo of Al Nassr during the game against Al Ittifaq. Getty
    Cristiano Ronaldo of Al Nassr during the game against Al Ittifaq. Getty
  • Cristiano Ronaldo reacts during the Saudi Pro League match between Al Nassr and Al Ittifaq. Getty
    Cristiano Ronaldo reacts during the Saudi Pro League match between Al Nassr and Al Ittifaq. Getty
  • Al Nassr's Anderson Talisca celebrates scoring their winner with Cristiano Ronaldo. Reuters
    Al Nassr's Anderson Talisca celebrates scoring their winner with Cristiano Ronaldo. Reuters
  • Al Nassr's Cristiano Ronaldo fights for the ball. AP
    Al Nassr's Cristiano Ronaldo fights for the ball. AP
  • All Nassr's Portuguese forward Cristiano Ronaldo checks on teammate Pity Martinez during the game. AFP
    All Nassr's Portuguese forward Cristiano Ronaldo checks on teammate Pity Martinez during the game. AFP
  • Cristiano Ronaldo of Al Nassr before kick-off. Getty
    Cristiano Ronaldo of Al Nassr before kick-off. Getty
  • Cristiano Ronaldo of Al Nassr leads the team out for the game against Al Ittifaq. Getty
    Cristiano Ronaldo of Al Nassr leads the team out for the game against Al Ittifaq. Getty
  • Al Nassr's Portuguese forward Cristiano Ronaldo takes a shot. AFP
    Al Nassr's Portuguese forward Cristiano Ronaldo takes a shot. AFP
  • Cristiano Ronaldo of Al Nassr during the game. Getty
    Cristiano Ronaldo of Al Nassr during the game. Getty
  • Cristiano Ronaldo celebrates Al Nassr's winner with teammates. AFP
    Cristiano Ronaldo celebrates Al Nassr's winner with teammates. AFP
  • Cristiano Ronaldo takes a free-kick during. AFP
    Cristiano Ronaldo takes a free-kick during. AFP
  • Cristiano Ronaldo dribbles with the ball. AFP
    Cristiano Ronaldo dribbles with the ball. AFP
  • Al Nassr's Anderson Talisca celebrates scoring their winner with Ali Al Lajami and Cristiano Ronaldo. Reuters
    Al Nassr's Anderson Talisca celebrates scoring their winner with Ali Al Lajami and Cristiano Ronaldo. Reuters
  • Al Nassr's Cristiano Ronaldo reacts during the match. EPA
    Al Nassr's Cristiano Ronaldo reacts during the match. EPA
  • Al Nassr's Cristiano Ronaldo wins a header. EPA
    Al Nassr's Cristiano Ronaldo wins a header. EPA
  • Al Nassr's Cristiano Ronaldo greets supporters ahead of the match against Al Ettifaq. AFP
    Al Nassr's Cristiano Ronaldo greets supporters ahead of the match against Al Ettifaq. AFP
  • Al Nassr forward Cristiano Ronaldo battles at a corner-kick. AFP
    Al Nassr forward Cristiano Ronaldo battles at a corner-kick. AFP
  • Cristiano Ronaldo of Al Nassr before the game. Getty
    Cristiano Ronaldo of Al Nassr before the game. Getty
  • A supporter of Al Nassr with a Cristiano Ronaldo shirt. AFP
    A supporter of Al Nassr with a Cristiano Ronaldo shirt. AFP
  • Al Nassr fans sit under a giant poster of Cristiano Ronaldo. AP
    Al Nassr fans sit under a giant poster of Cristiano Ronaldo. AP
  • A fan of Al Nassr's holds up a Cristiano Ronaldo poster before the match. Reuters
    A fan of Al Nassr's holds up a Cristiano Ronaldo poster before the match. Reuters
  • A fan Al Nassr with a Cristiano Ronaldo banner. Getty
    A fan Al Nassr with a Cristiano Ronaldo banner. Getty

Cristiano Ronaldo 'happy' to finally make Al Nassr bow, says coach Rudi Garcia


John McAuley
  • English
  • Arabic

Al Nassr manager Rudi Garcia said Cristiano Ronaldo was happy to finally make his debut for the club, but said they must ensure the forward is in his best shape to maximise his talent.

The former Manchester United, Real Madrid and Juventus star captained Nassr on his first appearance for the Saudi Pro League side, helping his new team to a 1-0 victory against Al Ettifaq at Mrsool Park on Sunday night. Brazilian Anderson Taslica got the game’s only goal, on 30 minutes.

However, the majority of attention was on Ronaldo following last month’s hugely lucrative move to Saudi football. The Portugal captain, a free agent having in November left United by mutual consent, signed a two-and-a-half-year deal with Nassr understood to be worth more than $200 million per year.

Speaking after the win that took Nassr, nine-time Saudi champions, back to the top of the table, Garcia said: “Everyone knows Cristiano – he’s a five-time Ballon d’Or winner. He’s one of the best players in the history of football.

“It’s up to us to make sure we get him in the best condition. I want him to enjoy playing here and tonight he was happy to play for the first time.”

Ronaldo, 37, showed plenty of endeavour on Sunday night as he led the Nassr attack with Talisca and Argentine Pity Martinez playing either side. Yet he only once troubled Ettifaq goalkeeper Paulo Victor, forcing the Brazilian into a low save with 12 minutes remaining.

Still, the victory lifted Nassr back to the standings' summit, one point ahead of city rivals and reigning champions Al Hilal – although Hilal have played a match more (15). Last champions in 2019, Nassr's next game is against third-placed Al Ittihad on Thursday, albeit in the Saudi Super Cup.

On Ronaldo settling into the team, Garcia said: “It’s very important for the players to play normally and not always try to give the ball to Cristiano. I told them they need to make the right choices on the pitch.

"Obviously when Cristiano or Talisca are alone and asking for the ball we need to give them the ball. These two players are able to make the difference.

“Tonight, I think that sometimes we had good positions to cross but not enough people in the box – and sometimes no Ronaldo and no Talisca.

“We need to work on that, to have one of them in the box and maybe the other playing outside the box.”

  • Cristiano Ronaldo celebrates after scoring the second goal for Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia, on January 19, 2023. AP
    Cristiano Ronaldo celebrates after scoring the second goal for Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia, on January 19, 2023. AP
  • Lionel Messi is congratulated by his PSG teammates after opening the scoring.
    Lionel Messi is congratulated by his PSG teammates after opening the scoring.
  • Cristiano Ronaldo celebrates after scoring the first goal for Riyadh All-Stars. AP
    Cristiano Ronaldo celebrates after scoring the first goal for Riyadh All-Stars. AP
  • Cristiano Ronaldo celebrates after scoring Riyadh All-Stars' first goal. AFP
    Cristiano Ronaldo celebrates after scoring Riyadh All-Stars' first goal. AFP
  • Kylian Mbappe scores the fourth goal for PSG. AFP
    Kylian Mbappe scores the fourth goal for PSG. AFP
  • Riyadh All-Star's South Korean defender Jang Hyun-soo levels at 3-3. AFP
    Riyadh All-Star's South Korean defender Jang Hyun-soo levels at 3-3. AFP
  • Cristiano Ronaldo takes a throw-in. Photo: General Entertainment Authority
    Cristiano Ronaldo takes a throw-in. Photo: General Entertainment Authority
  • Cristiano Ronaldo prepares to take a penalty. Photo: General Entertainment Authority
    Cristiano Ronaldo prepares to take a penalty. Photo: General Entertainment Authority
  • Cristiano Ronaldo scores from the penalty spot for the Riyadh All-Stars. Photo: General Entertainment Authority
    Cristiano Ronaldo scores from the penalty spot for the Riyadh All-Stars. Photo: General Entertainment Authority
  • Cristiano Ronaldo in action against Paris Saint-Germain. AFP
    Cristiano Ronaldo in action against Paris Saint-Germain. AFP
  • PSG forward Lionel Messi next to long-time rival, Riyadh All-Star's Portuguese forward Cristiano Ronaldo. AFP
    PSG forward Lionel Messi next to long-time rival, Riyadh All-Star's Portuguese forward Cristiano Ronaldo. AFP
  • Cristiano Ronaldo greets Riyadh All-Stars' Argentinian coach Marcelo Gallardo after being substituted. AFP
    Cristiano Ronaldo greets Riyadh All-Stars' Argentinian coach Marcelo Gallardo after being substituted. AFP
  • Cristiano Ronaldo celebrates his team's third goal. AFP
    Cristiano Ronaldo celebrates his team's third goal. AFP
  • Riyadh All-Star's Portuguese forward Cristiano Ronaldo takes a shot. AFP
    Riyadh All-Star's Portuguese forward Cristiano Ronaldo takes a shot. AFP
  • PSG's Kylian Mbappe greets Cristiano Ronaldo. AFP
    PSG's Kylian Mbappe greets Cristiano Ronaldo. AFP
  • Cristiano Ronaldo grimaces. AP
    Cristiano Ronaldo grimaces. AP
  • PSG's Hugo Ekitike (l) celebrates after scoring their fifth. AP
    PSG's Hugo Ekitike (l) celebrates after scoring their fifth. AP
  • Lionel Messi takes a shot. AFP
    Lionel Messi takes a shot. AFP
  • PSG defender Juan Bernat is shown the red card by Qatari referee Abdulrahman al-Jassim. AFP
    PSG defender Juan Bernat is shown the red card by Qatari referee Abdulrahman al-Jassim. AFP
  • Juan Bernat fouls Riyadh All-Star's Saudi midfielder Salem al-Dawsari, leading to a red card. AFP
    Juan Bernat fouls Riyadh All-Star's Saudi midfielder Salem al-Dawsari, leading to a red card. AFP
  • PSG's Lionel Messi scores the opening goal in Riyadh. AFP
    PSG's Lionel Messi scores the opening goal in Riyadh. AFP
  • Cristiano Ronaldo is challenged by PSG's Lionel Messi. AP
    Cristiano Ronaldo is challenged by PSG's Lionel Messi. AP
  • Cristiano Ronaldo and PSG's Marquinhos with officials before the match. Reuters
    Cristiano Ronaldo and PSG's Marquinhos with officials before the match. Reuters
  • Paris Saint-Germain forwards Lionel Messi and Neymar ahead of the match. AFP
    Paris Saint-Germain forwards Lionel Messi and Neymar ahead of the match. AFP
  • PSG''s Kylian Mbappe and Neymar warm up. AFP
    PSG''s Kylian Mbappe and Neymar warm up. AFP
  • A fan holds up a banner of Al Nassr's Cristiano Ronaldo inside the stadium before the match. Reuters
    A fan holds up a banner of Al Nassr's Cristiano Ronaldo inside the stadium before the match. Reuters
  • Cristiano Ronaldo during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia.
    Cristiano Ronaldo during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia.
  • Messi and Ronaldo vie for the ball during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
    Messi and Ronaldo vie for the ball during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
  • Lionel Messi lines up before kick off. Photo: General Entertainment Authority
    Lionel Messi lines up before kick off. Photo: General Entertainment Authority
  • Lionel Messi shoots at goal. Photo: General Entertainment Authority
    Lionel Messi shoots at goal. Photo: General Entertainment Authority
  • Saudi All-Stars in action against French champions PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
    Saudi All-Stars in action against French champions PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority

Meanwhile, Ettifaq manager Patrice Carteron welcomed Ronaldo’s arrival to the league, describing setting up his side to face the all-time record goalscorer in men’s international football as “a privilege”.

“I am very happy that he came to Saudi Arabia for the excitement of every game, and at a big club like Al Nassr,” Carteron said. “It’s fantastic news for football here, and everyone will enjoy it and every ground should be full.

“He’s a fantastic player and we were all happy to face such a player. He played a good game today. He did not score, but he’s so dangerous.

“You can see he’s still not 100 per cent, but it’s a privilege to face him - and we wish him all the best.”

3%20Body%20Problem
%3Cp%3E%3Cstrong%3ECreators%3A%3C%2Fstrong%3E%20David%20Benioff%2C%20D%20B%20Weiss%2C%20Alexander%20Woo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EBenedict%20Wong%2C%20Jess%20Hong%2C%20Jovan%20Adepo%2C%20Eiza%20Gonzalez%2C%20John%20Bradley%2C%20Alex%20Sharp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

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Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

Specs

Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now

Surianah's top five jazz artists

Billie Holliday: for the burn and also the way she told stories.  

Thelonius Monk: for his earnestness.

Duke Ellington: for his edge and spirituality.

Louis Armstrong: his legacy is undeniable. He is considered as one of the most revolutionary and influential musicians.

Terence Blanchard: very political - a lot of jazz musicians are making protest music right now.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

The Word for Woman is Wilderness
Abi Andrews, Serpent’s Tail

The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Common%20symptoms%20of%20MS
%3Cul%3E%0A%3Cli%3EFatigue%3C%2Fli%3E%0A%3Cli%3Enumbness%20and%20tingling%3C%2Fli%3E%0A%3Cli%3ELoss%20of%20balance%20and%20dizziness%3C%2Fli%3E%0A%3Cli%3EStiffness%20or%20spasms%3C%2Fli%3E%0A%3Cli%3ETremor%3C%2Fli%3E%0A%3Cli%3EPain%3C%2Fli%3E%0A%3Cli%3EBladder%20problems%3C%2Fli%3E%0A%3Cli%3EBowel%20trouble%3C%2Fli%3E%0A%3Cli%3EVision%20problems%3C%2Fli%3E%0A%3Cli%3EProblems%20with%20memory%20and%20thinking%3C%2Fli%3E%0A%3C%2Ful%3E%0A
The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

THE BIO

Favourite holiday destination: Whenever I have any free time I always go back to see my family in Caltra, Galway, it’s the only place I can properly relax.

Favourite film: The Way, starring Martin Sheen. It’s about the Camino de Santiago walk from France to Spain.

Personal motto: If something’s meant for you it won’t pass you by.

RESULT

Aston Villa 1
Samatta (41')
Manchester City 2
Aguero (20')
Rodri (30')

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

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%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EPyppl%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEstablished%3A%20%3C%2Fstrong%3E2017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAntti%20Arponen%20and%20Phil%20Reynolds%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20financial%20services%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20%2418.5%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%20150%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%20stage%3A%3C%2Fstrong%3E%20series%20A%2C%20closed%20in%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20venture%20capital%20companies%2C%20international%20funds%2C%20family%20offices%2C%20high-net-worth%20individuals%3C%2Fp%3E%0A
One in four Americans don't plan to retire

Nearly a quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of ageing in the workforce.

Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.

According to the poll from The Associated Press-NORC Centre for Public Affairs Research, 23 per cent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday.

According to government data, about one in five people 65 and older was working or actively looking for a job in June. The study surveyed 1,423 adults in February this year.

For many, money has a lot to do with the decision to keep working.

"The average retirement age that we see in the data has gone up a little bit, but it hasn't gone up that much," says Anqi Chen, assistant director of savings research at the Centre for Retirement Research at Boston College. "So people have to live in retirement much longer, and they may not have enough assets to support themselves in retirement."

When asked how financially comfortable they feel about retirement, 14 per cent of Americans under the age of 50 and 29 per cent over 50 say they feel extremely or very prepared, according to the poll. About another four in 10 older adults say they do feel somewhat prepared, while just about one-third feel unprepared. 

"One of the things about thinking about never retiring is that you didn't save a whole lot of money," says Ronni Bennett, 78, who was pushed out of her job as a New York City-based website editor at 63.

She searched for work in the immediate aftermath of her layoff, a process she describes as akin to "banging my head against a wall." Finding Manhattan too expensive without a steady stream of income, she eventually moved to Portland, Maine. A few years later, she moved again, to Lake Oswego, Oregon. "Sometimes I fantasise that if I win the lottery, I'd go back to New York," says Ms Bennett.

 

Updated: January 23, 2023, 12:10 PM