The “Great Resignation” – 9% of Boomers take early retirement during the Pandemic

30th August 2022

A new survey (by retirement technology specialists Dunstan Thomas) suggests that the pandemic has influenced 12 per cent of “Boomers” (aged between 58 and 75) in the timing of their planned retirement – with 1.2 million of them (nine per cent) actually leaving the workforce during the peak two years.

The concern amongst many in the financial sector is that leaving earlier than they had originally planned may lead to many older people being unable to afford the quality of retirement they have been hoping for.

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