You Cannot Do Without The Grey Matter Says The Institute of Directors?

One quarter of the UK's retirees 'unretire' back into the workforce, according to researchers from the University of Manchester and King’s College London.   

Since the year 2000, the proportion of over-65s in work has doubled to around 10%. The share of 50-64 year-olds in employment has risen to a record 71%. The survey did not ask participants why they returned to work, but surveys from North America suggest this decision can hinge on a number of variables, including wanting to improve finances, missing social contact and not enjoying retirement. The UK research also showed the better-educated are more likely to return to work.“The evidence that people with more human capital have a higher likelihood of unretiring, rather than those in financial difficulties, suggests that hopes that ‘retirement reversals’ might be a strategy which enables older people in poorer financial situations to raise their incomes are possibly misplaced,” the study concluded.

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