“There’s nothing to cease me working,” says Raymond Irving, a forklift truck driver at a recycling plant.
At 69, he’s the oldest individual at his agency, however he has no plans to cease regardless of already drawing his pension.
Mr Irving is a part of a rising pattern, a pointy rise within the numbers of older employees persevering with previous retirement age.
The variety of over 70s nonetheless working has greater than doubled in a decade to just about half 1,000,000, in keeping with evaluation of official knowledge.
The figures imply that just about one in 12 folks of their 70s are working, in contrast with one in 22 a decade in the past, says jobs website Stressed, which targets the over 50s and carried out the analysis.
Stressed founder Stuart Lewis stated engaged on previous retirement age was rising in recognition for each women and men.
“Work patterns are altering – gone are the times of working onerous 5 days every week for 4 and a half many years earlier than out of the blue stopping – and retiring ‘chilly turkey'”.
Within the UK, women and men at the moment qualify for his or her state pensions at 65, with plans for the age to extend to 66 by October 2020 and 67 by 2028.
‘I wish to maintain working’
Mr Irving works full time, however he desires to chop down his hours, one thing which isn’t doable in his present function. He plans to search for a part-time function in direction of the top of the yr, however cannot see himself stopping altogether.
“There are solely so many holidays you may go on, or adorning or gardening. What are you going to do sit down and watch TV within the day?
“I wish to maintain working. I like assembly folks and I take pleasure in what I do,” he says.
He says his job retains him match, but in addition means he can afford an excellent way of life similar to occurring Caribbean cruises.
But it surely’s not all the time simple for employees to hold on working, even after they wish to.
When will I get my pension?
Catherine Foot, director of proof on the Centre for Ageing Higher charity, says many employers are failing to supply sufficient help.
“Folks routinely face age discrimination or lack of alternatives for issues like versatile working and retraining alternatives. This merely cannot go on. British enterprise cannot afford to waste the talents and experiences that older employees carry,” she advised the BBC.
Many consultants say rising longevity means corporations must do extra to encourage older employees to proceed to work.
A woman born in 1951 had a life expectancy of 82 years. A woman born at this time can anticipate to achieve the age of 93.
Over the identical interval, boys’ life expectancy has elevated from 77 years to 90.
Talent scarcity resolution?
Patrick Thomson, senior programme supervisor on the Centre for Ageing Higher, suggests using older employees might additionally assist corporations struggling to search out employees with the best abilities.
“With fewer youthful folks beginning work to exchange these set to retire in future years, and uncertainty over Brexit and worsening abilities and labour shortages, it is important that employers undertake age-friendly practices like versatile working”.