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Over 65s too Poor to Retire are Filling a Third of New Positions
05/05/2011
It was recently reported in the National Press that 33% of new jobs created in the past year went to workers over the age of 64. This highlights the growing concern that people are financially unable to retire at the current retirement age.
Recent rules that enforced the retirement age have recently been scrapped and more and more individuals are staying on in their current roles. This comes at a time when state pensions are reducing in value putting on more financial pressure to the older generation of workers.
Homeowners aged over 55 years who cannot afford to retire and would like to know how much money the value of their property could release to help increase their income, can find out by contacting therightequityrelease.co.uk for equity release advice.
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