COMMENT ON ONS FIGURES ON OLDER WORKERS IN THE LABOUR MARKET
13 June 2012
Nick Sanderson, Chairman of the Association of Retirement Villages and CEO of Audley Retirement Villages, said:
“While it is encouraging to see that more people in later life are remaining active by working, these figures emphasise the need to plan for later life so that working beyond retirement age is a choice rather than a necessity.
“As the last generation of baby boomers approach later life, they will demand a range of options to meet their diverse needs and aspirations, whether or not that includes working. To them, desirable housing, flexible health care and accessible financial advice will be essential as they grow older rather than a ‘nice to have’. One option which is already available is ‘positive downsizing,’ which releases equity from homes so that those in retirement can retain their independence and live the life that they choose. If we get this right, it will mean a happier, more fulfilling older age, not just for the current generation of over 60s but for us all.”