Over half of those over fifty plan to continue working on in retirement, according to recent survey results from research conducted by the Retirement Planning Council of Ireland (RPC).

The survey, that was carried out exclusively amongst over-fifties, found that 55% of respondents plan to continue working after they retire from full time employment.

Of those surveyed, 63% said that their job has a mandatory retirement age. The RPC research found that this was a common incentive to continue working, for those approaching retirement age and those already retired.

In all, 93% of survey respondents who said they would continue working after retirement plan to work part-time, while 6% said they intend to work full-time.

The majority of the people who plan to continue working, intend to try something new, with 52% saying they would change industry or role. This is in contrast to 48% of respondents who stated they would continue working in their current field.

Respondents stated numerous reasons about why they would continue working, including wanting to remain active and engaged; to maintain social connection; and to avoid lack of daily structure or because they are passionate about their line of work.

Unsurprisingly due to rising cost of living, financial considerations emerged as a key theme for working part time or full time in later years.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.