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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Get early retirees off the golf course and back to work – why early retirement isn’t good for UK plc

A cruise ship in Miami
Communities, regions and countries cannot afford for older people to pack up, book a cruise and spend their cash in international waters. Photograph: Maria Alejandra Cardona/Reuters

Early retirement is a wealthy indulgence that needs to be discouraged. As a minimum, ministers should strip away any inducement offered by the tax system for people who want to retire in their 50s.

Every western country needs their more mature workers to keep going, if not full time, then part time. And if not paid work, then unpaid voluntary work that acknowledges the luck that flows from being a 21st-century baby boomer in good health.

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