You may have seen this morning the proposals set out by the Equality and Human Rights Commission
(EHRC) suggesting scrapping the default retirement age.
The EHRC believes allowing people to work for 18 months extra would add an extra £15 billion to the economy. It also says that 62 per cent of women and 59 per cent of men want to continue work beyond the state pension age.
As life expectancy increases, capability of people to continue to work also increases. The EHRC survey found three out of five older workers believe they are as physically capable to do their jobs as when they were younger. Most wish to continue work for financial reasons, although a small proportion – 9 per cent – just want to carry on because they enjoy it.
On the other side, there are some people who can’t wait to give up work. After nearly 50 years of hard graft they want some time to enjoy themselves. I recall working with one guy who was literally counting the days until he retired. And, as my grandparents often like to remind me, they have never been as busy – doing the things they want to do – as they are in retirement.
On which side of the fence do you fall? Are you keen to keep on working? Or are you eagerly waiting for the shackles of corporate life to be released?