Retirement for most people holds out the golden prospect of more time with the grandchildren or on the golf course after years of hard work and saving.
But research out today claims that finishing work is a major cause of decline in physical and mental health, with many unable to enjoy the plans they made.
Researchers found that retirement increases the chances of clinical depression by about 40 per cent and raises the probability of having at least one diagnosed physical condition by about 60 per cent.
The chances of requiring medication also rise by about 60 per cent, according to the study by the Institute of Economic Affairs and Age Endeavour Fellowship.
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