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The Independent UK
The Independent UK
Bryony Gooch

Baby boomers urged to stay in work as ‘70 is the new 50’

The IMF coined the term 'silver economy' to refer to the rising opportunity for an elderly workforce - (Getty Images)

Baby boomers are being encouraged to stay in work later in life as the International Monetary Fund (IMF) have declared a need to make use of the rising “silver economy” caused by the ageing global population.

The financial agency declared that “the 70s are the new 50s” as older people today are far sharper and stronger than they were 25 years ago, meaning they are able to work longer.

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