Now you can pre-tire, by winding down and working fewer hours or taking a hobby job, and you can un-retire, by stopping work then resuming your career after a break. Then, of course, at some stage you have to re-retire.
According to a recent academic study n-retirement is a growing phenomenon in Britain, particularly amongst professional men in a comfortable financial position and good health.
The study by academics from the University of Mancester and King’s College London, found that about one in four people in Britain who retires subsequently returns to work, mostly within five years.
Men are 26 percent more likely to un-retire than women, as are those in good health, while people with a degree or other professional qualification higher than A levels are almost twice as likely to go back to work.
People who are less well off and had no formal qualifications were much less likely to return to work to supplement their income.
