Defying Retirement: UK’s 70 Age Uprising
A recent survey by Penfold found that 67% of 2,000 employed British citizens disapprove of the government's proposed increase in the retirement age. One in four would take matters into their own hands and leave their job if it goes ahead, citing health and financial issues as the primary reasons for their reluctance. IFS's report did not examine the effect the move could have on the individual, but Penfold's survey revealed the potential consequences, such as stress, longer working hours, and reduced affordability of basic necessities. In response, Penfold CEO Martha White has called on the government to take the citizens' needs into consideration and find alternative ways to protect their welfare.