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48% of over 50s want to work until they are 65 to 70


Almost half of employees (48%) over the age of 50 want to keep working between the age of 65 and 70, according to new research from the Department for Work and Pensions (DWP).



The independent YouGov study, which surveyed more than 2,000 retired and non-retired people aged over 50, also revealed that 17% of staff said that working full time and then stopping work altogether would be the best way for them to retire.



Further findings of the survey include:




  • 39% of respondents said that working part time or flexible hours before stopping work altogether would be the best way to retire.


  • Over 1 in 4 (25%) said they would be interested in taking a few months off and then returning to work as an alternative to retirement.


  • 36% of respondents said their advice to others would be to ‘consider switching to flexible or part time work for a period first’ before stopping work altogether


  • 33% of those working aged over 70 said they did so because they enjoyed it.


  • 23% of respondents felt they are viewed ‘less favourably than younger workers’, while 51% said that they thought that their employer views older workers ‘as favourably as younger workers’.


  • 15% of those not currently retired report experiencing age-based discrimination in the workplace.



http://www.employeebenefits.co.uk/benefits/pensions/nearly-half-of-over-50s-want-to-keep-working-post-65/106197.article


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