Too young to retire, too old to be hired – the 50+ employment paradox
Meet the paradox This month the state retirement age for men and women was unified at 65. It will move to 68 by 2039. The ‘ageing’ of the state retirement age clearly indicates the expectation by the state that people will work for longer. Given the recent increases in longevity, this would appear a reasonable expectation. However, the rate of population ageing is slowing. And many people are uncertain if they could work through to state retirement age in their current occupations – the fear of ‘working until you drop’. But the even bigger problem is that employers haven’t caught...