I was offered redundancy at 58.Worked in retail. The branch I worked in were closing down parts of the store that were not cost effective.After working for the same company for 14 yrs. Experiencing how staff were treated.I decided to take the redundancy all £7,000!
As we were moving home,I thought it would be a new start.The house we purchased, required repairs,total redecoration, which kept my husband i busy.
After 2 yrs, I applied for part time vacancies.I naively thought I would be able to secure a part time job in retail, after several + applications without any success.My age was against me.
The Job market has since become even more challenging,with many young people finding employment difficult.
I have since learned that only 16% of employers would employ you if you are 58- 60 or over!
We have been existing on my Husbands pension.I will receive my State pension next month.when I reach 66.Its been a struggle, a big learning curve!
Not many people will be able to work untill 67,not unless you are self employed,work remotely,Have a skill, trade,have investments or wealthy parents.
Most employers would want you to leave by 60, ideally earlier? My Mother & grandmother retired at 60 on a state pension, which was paid at a much lower rate, than now largely due to the fact they would receive their pension at 60.
I cannot imagine working like I had at 58 now! Our daughter is now 32, Son 42, I worry how the younger generations will manage!