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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

Retirement on hold for UK’s over-60s as cost of living crisis bites

Job hunting, or keeping the one you have, has become a must for many over-60s forced to abandon retirement plans.
Job hunting, or keeping the one you have, has become a must for many over-60s forced to abandon retirement plans. Photograph: Roger Bamber/Alamy

As her 66th birthday got closer Lindsay Hunt was making plans for her retirement. She hoped to volunteer at her local Citizens Advice office and find a course to learn something new, which she didn’t have time to do when she was working. Then the cost of living crisis struck.

Her husband’s petrol bills for his journey to work increased significantly, as did the cost of the weekly shop. And then the mortgage had to be paid. All under a cloud of rising inflation and interest rates.

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