"…the IEA is always challenging and thought-provoking." – David Laws MP
A ground-breaking new study Work Longer, Live Healthier, has found that retirement has a detrimental impact on both mental and physical health over time. Although initially there may be a small bounce in health, over the medium-longer term retirement causes a drastic decline in health. The research has been featured on BBC Breakfast, Radio 4 Today Programme, BBC News, The Times, The Telegraph, The Independent and the Daily Mail, amongst others. Download the report here.
A curious thing has been happening with regard to retirement patterns in developed countries: we have been living longer and retiring earlier. Between 1968 and 1999, employment amongst 60-64 year old men fell from 80 per cent to 50 per cent – although it has picked up a little since. In Italy, an incredible 80 per cent of 60-64 year olds are not in employment. This has all happened during a period when life expectation has increased dramatically. In many EU countries, a significant number of people could well spend more time in retirement than working.
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