Here’s a report from the Daily Mail September 8th 2017 about working after retirement. A generation are deciding to extend their working lives, for a wide number of reasons, many of them entirely positive, encouraging and life affirming. So why is it stuck on such a depressing and negative image in the national press. It’s time the media took another look at how we are represented. Apart from that, good article!
Now one in ten people are working after retirement past the age of 65: Figure has quadrupled in 20 years with record 1.2 million in employment
There are now a record 1.2 million over 65s in work – up from 272,000 in 1997
Government report also shows a dramatic increase in over 50s in work
The figures sparked fresh fears that many pensioners are being forced to work for longer because they cannot afford to retire
The number of men and women working beyond their 65th birthday has more than quadrupled in the last 20 years, government figures showed last night.
In a sign that an increasing number of people are putting off retirement, there are now a record 1.2million over 65s in work in the UK, up from 272,000 in 1997.
The report, from the Department for Work and Pensions, also showed a dramatic increase in the number of over 50s in work, from 6million two decades ago to more than 9.9million now, also an all-time high.
The figures sparked fresh fears that many pensioners are being forced to work for longer because they cannot afford to retire.
Record low interest rates, the demise of final salary pension schemes, and creeping rises in the state pension age are all thought to have forced many workers to delay retirement.
Experts warned that working beyond the age of 70 would soon be the norm.
Read more:
http://www.dailymail.co.uk/news/article-4863860/Now-one-ten-people-working-age-65.html#ixzz4s500bO2o
Our Work Section is pretty comprehensive. Starting to draw a pension doesn’t mean the end of your career. But it does mean you have choices. What you do, how much, who for, how long and when – they now all belong to you. Take a look at the Government Regulations for drawing your pension.