Press release

Emma Soames comments on wealthy people not wanting to retire

Monday 27 September 2010

“Working on is to do with much more than making money - it’s to do with life enhancement and fulfilment, but, as we can see from this report, it can also mean the generation of wealth not just for the individual but for business and the economy. Older people working on have a momentum that enables them to generate established and reliable income for themselves and those around them in later life that younger people simply cannot generate to anything like the same extent. This underpins our view that the Default Retirement Age must be removed, because we believe the Saga generation is not just benefiting from better mental and physical health as a result of working on, but that so too is the economy: retirement is a cost, working on is a revenue generator.”


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    Press Office

    01303 771529