The unretired | Retirees considering a return to work as living costs rise

Nearly three in ten (29%) UK retirees are considering a return to paid work to cope with rising living costs, according to new research from Indeed Flex, an online platform for flexible and temporary work.

The survey of 1,000 Brits aged over 55 found that more than half (56%) say their ability to save for retirement has been impacted by inflation, while a third (33%) have been forced to delay their retirement.

Nearly one in seven (13%) respondents said they plan to delay retirement by more than five years, while a further 17% said between three and five years.

Pensioners and retirees on fixed incomes are particularly susceptible to rising prices and with an increase to the state pension age, older people are being forced to work longer or go back to work.