Tech company Multiverse found that around 5.3 million workers over 50 are considering early retirement owing to perceived skill gaps. So, the government is encouraging employers, particularly small and medium-sized businesses, to offer midlife MOTs to retain and support employees aged 50 and above. The idea involves individuals reflecting on their wealth, well-being and careers, with a view to keeping older workers in the workforce. Work and Pensions Minister Jo Churchill said: ‘The retirement age is currently 68, so a person at 50 will potentially have 18 years more years– nearly 40% of their working life’.
