Thursday, February 16, 2012

AN OLD REALITY FOR THE ELDERLY

Workers are having to delay their retirement plans because they cannot afford to leave their jobs, a worrying report warns today. "One in ten of those who were planning to retire this year said they have ditched the plan, with the majority blaming the fact that they simply do not have the money. The report, from the insurance giant Prudential, urged Britons to accept that there is "a new retirement reality"." (Daily Mail,15 February) The insurance company might imagine that this is a "new reality", but for many workers being too skint to stop working is a very old reality indeed. RD

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