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Purpose

Advances a positive view of ageing and the importance of planning a purposeful future.

Findings

Argues the case for the introduction into the employment contract of a flexible retirement clause after an agreed period. Puts forward a five point WIIFM (what's in it for me?) index for comparing the options.

Practical implications

Highlights the need for employees and employers to change their views of retirement, and make the most of the talent available, whatever its age.

Originality/value

Fits the concept of “retirement” into the new regime of flexible and short‐term contracts.

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