The state pension won't provide anywhere near enough money to reside on, even after I lastly get it at age 67.

Neither will my numerous pensions and shares and shares Isas, although as a monetary journalist, I've in all probability obtained greater than most.

Pensioners now want a staggering £530,000 pension and other savings for a comfortable retirement and most will not come near that, together with me.

So it is time for Plan B. Which is to hold on working for so long as I'm bodily and mentally ready to take action.

I'm removed from alone on this.

One in three Britons now say they are going to by no means have the ability to afford to retire, and can merely keep it up working consequently.

The cost-of-living disaster is forcing tens of millions to work longer as their financial savings are depleted by rocketing gas and meals payments.

Others have stopped pension contributions as they battle to cowl important dwelling prices, making retirement even much less reasonably priced.

The over-55s are raiding their pensions early, in accordance with analysis from pension advisers WEALTH at work, and won't have enough for later life as a result.

The pensions disaster has been brewing for many years, and there are not any straightforward options.

The underlying downside is that there isn't any pot of cash to fund the state pension. Instead, funds are funded by taxing in the present day's employees.

As the inhabitants will get older and greyer, there will likely be extra pensioners, and fewer employees to fund them.

It's a disastrous long-term coverage failure and politicians have repeatedly refused to sort out it. Their solely answer is to hike the state pension age again and again, whereas making noises about scrapping the state pension triple lock.

Both of which can make pensioners' lives even more durable.

Ultimately that is going to bankrupt us all and there’s just one answer, so far as I can see.

We kiss retirement goodbye and keep it up working for so long as we are able to humanly can.

My plan has an apparent flaw.

I may doubtlessly sit hammering away at my laptop computer into my 70s, except my poor aching again provides out altogether. It’s a special story for the military of employees who dig ditches, gather bins, climb scaffolding, ship meals or elevate bed-bound NHS sufferers for a dwelling.

Many can barely keep it up working of their late 50s, not to mention late 70s.

More than 1.6 million adults aged 50 and over are unable to work due to long-term illness, an issue made worse by booming NHS ready lists.

Nobody is doing something to assist them.

READ MORE: Pensioners face ‘Age of Ruin’ as drawdown pots run dry years before they die

While we're free to defer taking our state pension to a later date, there isn't any provision for taking it earlier, even at a decreased quantity.

This leaves those that can't work of their 50s and 60s struggling on state advantages, whereas consuming up no matter financial savings they've managed to assemble.

In whole, some 3.5 million over-50s are out of the job market because of sickness and early retirement, and though some at the moment are returning, many is not going to or can't.

Working into later life is a constructive factor, should you can handle it. It retains the cash rolling in, and helps individuals stay match and socially energetic.

I bear in mind a canteen employee in my first job being traumatised when she needed to retire at 60, as was once obligatory. She had no household. Her job stored her linked.

I do know a number of individuals who have taken early retirement and regretted it. Some have gone again to work.

I like my job, and could be joyful to stay at it if I can.

Millions aren't in that privileged place, so individuals like me ought to anticipate to hold on working into later life (and crucially, paying tax), if we're ready to take action. 

Like most individuals, I do not need to work till I drop, nevertheless it’s our patriotic responsibility.

Our nation wants us, unhealthy backs and all.