Over 55s ready to work beyond 65 to 'stay mentally fit' - CIPD

Majority of employers 'underprepared'

Hannah Godfrey
clock • 2 min read

Over 55s are braced to work past retirement age in order to remain mentally fit but the majority have doubts their employer is doing enough to support them, according to new research.

HR association the The Chartered Institute of Personnel and Development (CIPD) found almost half (49%) of over 55s thought they would have to continue working past 65 in order to afford retirement. Yet a mere quarter (25%) of employees thought their employer was prepared to meet the needs of workers aged 65 and over. CIPD surveyed more than 1,600 employees, and found the average age they expected to retire at was 70. Looking at workers of all ages, more than a third (37%) thought they would have to work past the widely-accepted retirement age of 65. For about a third (32%) of wo...

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