‘It’s never too late’ – Retirees rally UK economy back to work | Personal Finances | Finance
Research by the Retirement Villages Group has found that nearly 900,000 Britons over the age of 70 are choosing to return to work or stay longer part-time or full-time as a direct result of the pandemic. An increase in UK job vacancies means those over 70s returning or staying at work could bring in up to £ 1.8bn to the UK economy each year.
However, continuing to work beyond retirement age could provide more than just a boost to the UK economy, it could bring financial and social benefits to older workers, as well as a new prospect of self-esteem. self. Dr Barbara Jones is a prime example, as the 67-year-old engineering professor has taken on a new role in the wake of the pandemic and found a new lease of life.
Dr Jones received his doctorate in physics from the University of Oxford and has been a lecturer at the Open University since 2005 after a long full-time career in industry. During the pandemic, her workload increased dramatically to include pastoral care, as many students needed help and guidance during difficult times. She juggled this new role with her teaching and realized the positive impact it has on her life, which the pandemic has highlighted.
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“During the pandemic, I thought maybe it was time to end work in education as it was getting very busy and stressful. However, when I got to doing it, I realized that there was still a lot of things I wanted to do in education and by just being there as a stable pillar for the students, I was helping them to to cross.
Dr Jones wants to continue to help make a difference in people’s lives, to contribute to society and to stay mentally and intellectually stimulated. She also appreciates the social interactions and the relational aspect that accompany her work. She says working later in life gave her a renewed sense of self-worth and a sense of purpose.
She said: “As we get older we can’t do things the same way, or even arguably at the same level, that we did when we were younger. But that doesn’t mean we have less to give, or that life gets boring. Working in a new field, field, or in a new way can be scary and take us out of our comfort zone, but nonetheless, the realization that we can use our experiences to help us contribute to society. different ways and helping others can provide us with a “warm glow” to sustain us into the future. “
As for Dr Jones, she plans to continue working as long as she can, while pursuing other hobbies outside of work.