A growing number of workers in their 60s and beyond are shunning traditional retirement and opting to remain in the workforce.
According to data from the Centre for Aging Better’s latest research, around one in nine individuals in this age bracket are continuing to work past their 65th birthday, compared with one in 20 in 2000, according to a study.
There were 457,000 in 2000 rising to 1.43million now, the analysis showed.
One of the most significant reasons why more people over the age of 60 are choosing to keep working is financial security. With increasing life expectancy and the rising cost of living, retirees are concerned about whether their savings and pensions will be sufficient to support them throughout their retirement.
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