But there is a lack of information on how to prepare for retirement, and some regret retiring in their 50s and find it difficult to reenter the job market, noted Ms Shelly Wu, human resource consulting services firm 104 Job Bank’s middle-aged and senior employment division head.
High inflation in recent years has also shrunk consumers’ wallets and retirement adequacy of some Taiwanese.
“People will live longer with advances in technology, so the government should remind middle-aged and elderly people not to retire too early,” said Ms Wu.
With Taiwan facing a labour shortage, companies need more workers – but they must also adapt to the needs of older workers.
According to 104 Job Bank’s research, 48 per cent of middle-aged and older people hope the government can help companies make jobs more suitable for them.
This should include flexible schedules, tailored training and ensuring workplaces are safe and conducive, Ms Wu said.
In a hospitality setting, this could mean using lighter crockery and chairs that can be moved around more easily, for instance.
Seniors who have continued to work told CNA they enjoy being socially engaged. Security officer Mr Gao told CNA he works 12 hours per shift, but rests on alternate days.
Betel nut and auto repair shop owner Gu Chun-guang, 71, said he hopes to continue for a few more years, because “if I retire and am confined (at home), there’s nothing to do”.
Being in the shop, where friends drop by for a chat or to sing karaoke, “makes time easy to pass”, he said.
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