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

Hustings Generic Pic
Haddenham Webteam: Tue 19 Feb 11:00am

There will be an Aylesbury Vale by-election for a District Councillor to represent Haddenham & Stone on Thursday, 7th March. Haddenham Village Society has organised hustings, at which the candidates will present their case, on Wednesday 27th February in the Haddenham Community Library, commencing at 8.00pm. All four candidates have confirmed their participation; they will make short speeches...

Turn End - Garden Design
Haddenham Webteam: Wed 13 Feb 4:00pm

A new introductory four-morning garden design course, studying the key principles of garden design in the acclaimed setting of Turn End house and garden, has been added to the Trust's event programme.It will be led by garden designer Deborah Lewis and held over four mornings ((10.00am-12.30pm) on the following dates: Tuesday 14th MayTuesday 21st MayTuesday 4th June and Tuesday 11th...

Green Dragon Front Door image
Haddenham Webteam: Tue 12 Feb 12:30pm

Here's the latest communication from the Green Phoenix Team, the group seeking to purchase the Green Dragon on behalf of the Haddenham community.Legal WorkA great deal of work on both the legal and financial side of things is happening behind the scenes. This is clearly vital to move the community project forward. We hope to have some information and documentation to share with you in...