The majority of Baby Boomers want to carry on working past the pensionable age, according to a new survey by Heyday.
Almost 60% of respondents aged between 50 and 69 said they plan to continue working past the age of 65, with nearly 10% of respondents saying they won’t retire at all.
However, 64% felt that it is impossible to find a new job once you are older than 55-years old as employers fail to acknowledge the experience and skills that age brings to the business.
The research also highlighted that 41% of those aged over 50 are yet to begin actively planning for their retirement.
It added that one in four people (24%) are concerned that they don’t have adequate pensions savings and that a further 21% will continue to work, as they don’t believe the state pension will provide them with enough income when they retire.
Director of Heyday Ailsa Ogilvie, said: “The Heyday generation is part of a quiet revolution taking place in the UK. They want to create a new life for themselves and their families, but they need to find the financial and lifestyle framework that will allow them to do this.”
Heyday is a not-for-profit organisation backed by Age Concern. The group is aimed at the Baby Boomer generation – those born during the UK population spike seen between 1946 and 1965.