Two-in-five UK employees happy to work into old age - Canada Life

Not all about the money

clock • 2 min read

Almost two-fifths (36%) of UK employees want to work beyond 65 - a figure that has more than doubled in three years (from 17%) - research from Canada Life has revealed.

The online survey of 1,004 UK employees in full and part-time employment (April 2018) found that three quarters (72%) of them expect of work beyond 65. Most interestingly, a positive, non-financial motive is the most common reason for employees to do so. Alongside this, various economic factors still exist as motivating factors - such as insufficient pension (29%), cost of living (24%), long-term care costs (21%), monetary retirement fears (21%) and lack of state benefits (21%). Non-monetary reasons, meanwhile, are driving more than a quarter of UK employees to work into later life. A...

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