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.