42% of these “un-retirees” are in employment again as they struggle to pay the bills, but 36% are still not earning enough money to meet their needs. A survey by IAD estate agents of 1,156 people who had retired but have now returned to work showed 30% do so because they need the extra money.Continue reading “The cost of living crisis is forcing more retirees back to work”
Category Archives: Economy
Over-65s – Carry on working
Seems that the proportion of people working beyond their 65th birthday has increased from one in 20 in 2000 to more than one in nine (1.43m) now. The Centre for Ageing Better, who produced the analysis, comment that it demonstrates the “ever-growing importance” of older workers to the economy, and that the raising of theContinue reading “Over-65s – Carry on working”
Housing market
UK house sales are on track to be 23 per cent lower this year compared to 2022, according to the latest reading from Zoopla, as rates continue to hit the housing market
Article in Sunday Times today warns that rising living costs mean that savers over the age of 55 are increasingly dipping into pension pots and jeopardising their retirement, with early drawdowns up 6% in the last year. The research by Interactive Investor also found half of those surveyed between 41 and 55 expected never toContinue reading
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