Over half of people want to keep working in some capacity when they reach retirement age, according to a new report from Standard Life.
10% said they would like to continue working full time, while 42% said they would prefer part time work.
As part of the research, those approaching retirement age were asked what their top reasons were for wanting to continue to work.
60% feared they would get bored if they stopped working, 55% said they enjoy the mental challenge of work and 53% said they enjoy the social interaction.
The research also found that amongst retirees, over a quarter felt like they had no other choice but to retire when their employment contract came to an end and less than a quarter retired because they did not want to work anymore.
It also reveals that 19% of adults have returned to work after formally retiring, with a quarter of those being 65 and older.
According to the findings, less than a third of people feel prepared for retirement, with just 29% saying they feel financially prepared, 48% saying they feel socially prepared and 54% being mentally prepared.
Those with a pension are more likely to feel financially prepared than those without.
The research reveals they are also more likely to look forward to their retirement and see retirement as an opportunity to fulfil their potential.
Alan McCarthy, Head of Distribution at Standard Life, said the way in which customers are planning for retirement is changing.
"While some view it as a time to stop work and put their feet up, many more view it as the time when the pace to working life changes rather than it coming to an abrupt end," he said.
"Whatever their plans, it is clear from the research that those who engage with a pension and plan ahead are more likely to feel confident and look forward to their retirement," he said.