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Speaker 1: Brad Olsen coming very shortly on the cherry export boom

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Speaker 1: that we're experiencing. Jamie mckaye joins us in Indebrady in

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Speaker 1: the UK, where the labor government is reportedly apparently eyeing

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Speaker 1: up cuts to the school lunch program. Quite ironic right now.

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Speaker 1: Data shows that kiwis continue to work well past the

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Speaker 1: age of retirement sixty five in New Zealand. This is

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Speaker 1: Stats and Z data out today Reports says two hundred

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Speaker 1: thousand senior citizens are still in the workforce. More interestingly,

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Speaker 1: twelve hundred people still working hard today are in their nineties.

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Speaker 1: Martin Hawes is a financial advisor and author of Retirement Ready.

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Speaker 1: He's with me tonight, Hi, Martin, Yeah, Hi, they're Ryan.

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Speaker 1: That's wonderful actually to hear twelve hundred ninety plus year

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Speaker 1: olds in the workforce.

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Speaker 2: Yes, yes, it is. I'm you know, I'm not sure.

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Speaker 2: They won't be working full time. They won't the hours

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Speaker 2: a week or forty hours a week. You know, a

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Speaker 2: lot of them will probably be professionals who you know,

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Speaker 2: they toddle back into the office, you know, once a

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Speaker 2: week or so to have a look and act as

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Speaker 2: a consultant or something. To the firm. Some of them

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Speaker 2: will be self employed, they'll be doing clerical work. That

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Speaker 2: could be the odd taxi driver, but not terribly many

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Speaker 2: of them. I wouldn't think, yeah, but I think it's wonderful. Actually,

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Speaker 2: the whole trend of people working after a time at

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Speaker 2: age is absolutely huge. The figure I really like to

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Speaker 2: look at is that in nineteen eighty seven, thirteen percent

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Speaker 2: of people aged sixty five to sixty nine were working.

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Speaker 2: In twenty twenty four, that figure had jumped from thirteen

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Speaker 2: percent to forty eight percent, So almost the majority of

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Speaker 2: sixty five to sixty nine year olds are working in

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Speaker 2: so called retirement.

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Speaker 1: Question is why. I mean, obviously there's health will have improved,

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Speaker 1: and access to medical care, Cetera's improved. But people working

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Speaker 1: because they have to or because they want to keep contributing.

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Speaker 2: I think there's the four main reasons. And the first

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Speaker 2: one is, as you say, it's the money. A lot

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Speaker 2: of people need the money. It's probably the majority. I

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Speaker 2: think I have seen a figure on that at some stage,

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Speaker 2: but not a recent one. And you know, the extras,

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Speaker 2: a little bit of money for say, you know, fifteen

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Speaker 2: or twenty hours a week or something like that. Makes

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Speaker 2: a really big difference to the lifestyle and retirement. Sometimes

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Speaker 2: it's the only person who can do the job. You know.

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Speaker 2: So Madge has done the books for a company for ages.

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Speaker 2: She knows how it's done, and everybody wants around saying, god,

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Speaker 2: Madge doesn't look retire, and so she feels pressure and

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Speaker 2: she carries on doing it. Sometimes it's owning a business

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Speaker 2: like you know, farmers and and lots of other small businesses.

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Speaker 2: But also and I fit into this category because I'm

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Speaker 2: seventy two and I'm still working. It's simply what they do,

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Speaker 2: you know, get up in the morning and I like

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Speaker 2: to look at what's going on in the markets overseas.

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Speaker 2: I like to look at what the geopolitic, the geopolitical

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Speaker 2: stuff has been going down it. You know, there's a

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Speaker 2: lot of other stuff that I like to do, but

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Speaker 2: I like I've always liked my work.

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Speaker 1: And the routine of it as well. People often talk

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Speaker 1: about the routine of it. One of the interesting numbers

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Speaker 1: to come out of this is over sixty fives, there

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Speaker 1: are actually a lot of machinery operators. Ten percent of

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Speaker 1: those working over sixty five machinery operators. I don't imagine

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Speaker 1: this is hugely labor intensive stuff. Although we're not really sure,

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Speaker 1: but do you think what do you think is behind that?

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Speaker 1: Is that because perhaps they're the only ones left to

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Speaker 1: know how to operate the machine.

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Speaker 2: I did under that when I read it, and then

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Speaker 2: somebody else said that they may be managing the people

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Speaker 2: who are actually managing running the machines. So they may

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Speaker 2: not be hands on or you know, they may not

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Speaker 2: have an apron on to use the building term, but

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Speaker 2: they may be managing somebody else to do it and helping.

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Speaker 1: Yeah. Interesting, Martin, keep up the good work at seventy two,

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Speaker 1: You're going strong, Martin Haaw's financial advisor. For more from

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