According to new research, only 19% of farmers have plans to fully retire Credit: ITV News Anglia
Research by the University of Exeter has revealed that only around a fifth of farmers plan to fully retire and hand over the business to another owner.
Andrew and Milly Fyfe from Northamptonshire took over the running of their farm five years ago.
Andrew and Milly Fyfe Credit: ITV News Anglia
Andrew is the third generation of his family to run the business in Yelvertoft near Daventry.
Even at this early stage, the couple say they don't want to fall into the same rut as many farmers of having no plans for their retirement.
Almost half of the farmers in the survey who said they would retire said it wouldn't be until the age of 70 Credit: ITV News Anglia
The university's survey, in collaboration with NFU Mutual, also revealed that almost half of those planning to retire or semi retire would only do so after the age of 70.
Andrew and Milly, on the other hand, believe it's important to have interests beyond the family farm.
Andrew and Milly believe it's important to have interested outside of the family farm and to use them as an incentive to retire Credit: ITV News Anglia
