In the News
Work, Poverty & Welfare: What is the Great Unretirement?
Many retired people feel they have no alternative but to return to work, as their pensions are not sufficient to meet the rising cost of living.
This article in the Guardian provides some detail about the so-called "great unretirement" as well as some individual cases and circumstances.
Much has been written in recent years about a generational wealth divide with "baby boomers" being better off than Generation X, millennials, etc.
However, this article notes the rising number of pensioners in absolute poverty and the increasing trend to work until physically unable to continue, partly because of the demise of final-salary pensions and the low level of the state pension.
This is useful for considering pensions, welfare, social policy, ageism and social class. Do have a read!