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Baby boomer Britons reject traditional retirement

June 6, 2006 Graeme Codrington Boomers RetYrement No Comments

“Research conducted by Heyday shows that Baby Boomers in Great Britain (those born between 1946 and 1965) are intent on reinventing retirement with many people no longer following a traditional pattern of working up until the state pension age and then retiring full time. The findings of its survey of 1,770 people show that 58 per cent of those in their fifties and sixties who are currently working want to continue to work in some capacity beyond retirement and one in 10 don’t want to retire at all.

…But while calls for a new type of retirement may be growing, it is clear that employers are not listening. As separate research by recruitment company Executives Online has found, many firms are too keen to retire their senior executives when they reach the age of 50 in favour of fast rising management trainees and younger staff.”

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