Business profits should be reinvested in the company, a poll of SME bosses suggests.
Some 57 per cent of the owners of small and medium-sized enterprises would plough the profits for the year back into the company if they exceeded targets this year.
Less than half, 48 per cent, would opt to put funds towards an early retirement, Abbey Business Banking's poll revealed.
Almost a fifth overall, 18 per cent, indicated they would retire immediately and 30 per cent would create an early retirement fund.
Managing director Ian Wilson said: "Britain's bosses are an entrepreneurial lot with nearly three-in-five of them planning to put this year's profits to good use by investing in the future of their business."
Recently research consultancy Defaqto revealed that more than 70 per cent of people plan to rely upon the state to fund their pension years.
Almost a quarter said they had bank or building society savings and a similar number said they would fund retirmement with personal pension savings.
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