Economy

Pensioner ‘unretired, as state pension wasn,t enough – now making an extra £1,500 a month

Retired pensioner, Michael Pickering, had to ‘unretire’ and go back to work after discovering his state pension was not enough to cover his living costs.

The 68-year-old, from Penrith, Cumbria, was made redundant after working for the same company for 39 years. He was then forced to rely on his state pension, which was not enough to pay for his lifestyle.

However, Michael refused to give up and decided to go back to work. After signing up to a local job agency, Michael found a job as a security guard, working 20 hours a week.

Michael said: “I had worked all of my life and when I was made redundant at the age of 65, I was really worried about how I was going to manage on my state pension. It wasn’t enough to cover all of my living costs, so I had to find another job.”

He added: “I was lucky enough to find a job as a security guard, which I do four nights a week. It’s not the most glamorous job, but it has allowed me to make some extra money on top of my state pension.”

Michael now earns an extra £1,500 a month, allowing him to enjoy a comfortable retirement. He says that his experience has taught him an important lesson: “You never know what life is going to throw at you, so it’s important to be prepared.”

Michael’s story is a reminder that retirement doesn’t have to mean giving up work. For many pensioners, going back to work after retirement can be a way to supplement their state pension, allowing them to enjoy a comfortable retirement.