Over half a million pensioners pushed into the gig economy as retirement savings dwindle | City A.M.

Let’s call them the “Unretired.” Many older people in the U.K, where this study is reported, and the U.S. are turning to gig work. They often cannot affort to retire and are pushed out of the traditional workforce because of the rapid changes in technology and ageism.

Old Mutual head of retirement Jon Greer said: “Our approach to work and retirement is changing. Many people are now choosing to phase-out their career and combine work and retirement, rather than simply dropping out of the workforce altogether. “But we can’t ignore the fact that some people are working longer because they can’t afford to retire.

Source: Over half a million pensioners pushed into the gig economy as retirement savings dwindle | City A.M.

About Mitch Ratcliffe

Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he’s published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.

Bookmark the permalink.

Comments are closed