[EvertonDiehard]

Younger people may have less savings than older colleagues and may feel financial pressures more acutely, he added.
One way to make the transition back to the workforce easier is to take up a contract role after a sabbatical, added Tan.

Older workers are likely to have more financial commitments i.e. family, elderly parents, mortgage on their home and car etc.  That is why many senior staff remain in toxic work environments in spite of the pressure, bullying and utter unpleasantness.  I have seen such older workers just bite the bullet and stay on so that their families won't be on the streets.