Do you really know? What is the great unretirement?
Jun 25, 2025
The phenomenon of the great unretirement is reshaping the workforce. Many older adults are not just postponing retirement but actively seeking jobs again, often due to economic pressures and inadequate pensions. A significant percentage of individuals over 50 are considering returning to work, revealing a trend driven by necessity. However, challenges like age discrimination complicate their re-entry. Tune in to explore the reasons behind this shift and the societal implications it holds.
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Understanding Great Unretirement
- The great unretirement means people work longer or return from retirement to work again.
- Economic pressures and lower pension savings are key reasons driving this trend.
Shame Around Retirement Savings
- Many older people feel shame about low income or insufficient savings.
- This can lead to hiding their financial situation in social settings.
Bernadette's Return to Work
- Bernadette Hempstead at 70 came out of retirement to work part-time.
- Her job improved her finances and boosted her confidence.