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Latest NewsPay & benefitsPensions

Baby boomers want to work past retirement age

by Mike Berry 30 May 2006
by Mike Berry 30 May 2006

People from the ‘baby boomers’ generation want to continue working past normal retirement age, according to a survey.

Fifty-eight per cent of people in their 50s and 60s who were still working said they wanted to carry on after 65 and 10% did not want to retire at all.

But 64% also felt it was impossible to get a new job once they were within 10 years of state pension age.

The survey of 1,770 people was carried out for Heyday, a group set up by charity Age Concern aimed at people born between 1946 and 1965.

The director of Heyday, Ailsa Ogilvie, said: “We are very definitely wanting to work longer and not just because we have to, it’s because we want an active and full life.

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“People want part-time work, or a new career direction, or maybe to go back to college or go travelling.”

Last week the government launched its White Paper setting out future pension arrangements, including proposals to raise the state pension age to 68 by 2044 and a compulsory savings scheme.

Mike Berry

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