Haddenham.net

Older workers willing to retrain

Home » News » Older workers willing to retrain
Older Workers

Almost two-thirds of workers over 50 say they want further training so they can continue working into retirement, according to research by MetLife.

The survey of more than 2,500 employees found that a lack of retirement savings is a major driver of people working longer.

The study reveals:

  • 63% of over-50s are considering working into retirement
  • 50% are looking to learn new skills in order to continue working
  • 13% want to retrain so they could start their own business

This is the latest survey to identify a change in working patterns among older people. It found that 71% of people will consider working beyond the statutory retirement age while just 31% say they will stop working entirely.

Dominic Grinstead, managing director of MetLife UK, said:

"It is striking that many over-50s are considering retraining to become more flexible at work just as pensions are being changed to be more flexible.

"The numbers contemplating working in retirement — whether it's full-time or part-time — shows that as the retirement landscape changes and people prefer to phase retirement, flexible income solutions will be needed to enable people to make the best possible use of pension freedoms."

Source: Richardsons, Thame

popular recent storiesAlso in the news

Covid Staff 02
Dr Mark Howcutt: Sun 17 Jan 8:30pm

We are pleased to report that the Aylesbury Vaccination Hub at Stoke Mandeville Stadium has had a very successful start over the weekend. Our team has been active with almost every single doctor and nurse involved in jabbing over the weekend, with great support from our admin team and Ellen Solley, our Practice Manager.Which vaccines are currently available?The Pfizer BioNTech vaccine...

Vaccination Centre Screenshot
Dr Mark Howcutt: Fri 15 Jan 9:00pm

If you are hoping to be early in the queue for a Covid vacination, here is a helpful 'walk-through' video to help you understand the process before you get to the Vaccination Centre.It shows you what to expect when you are booked in for your Covid vaccine at the Stoke Mandceville Stadium and gives an outline of the process from start to finish. You can access it by clicking on this...

Solar Panels Deal
Haddenham Webteam: Thu 14 Jan 12:37pm

Interested in discounted solar panels? The Solar Streets project has been extended to Haddenham residents and businesses.Zero Carbon Haddenham are hosting a Solar Streets Q&A session Zoom on Thu 21st Jan 2021, 7.30-8.30pm.To register for the meeting and find out more information, click here: https://solarstreets.co.uk/haddenham.11(https://solarstree...