Centre for Policy on Ageing
 

 

Money, choice and control
 — the financial circumstances of early retirement
Author(s)Sue Arthur
Corporate AuthorNational Centre for Social Research; Joseph Rowntree Foundation - JRF
PublisherThe Policy Press, Bristol, 2003
Pages46 pp (Transitions after 50 series)
SourceMarston Book Services, PO Box 269, Abingdon, Oxon OX14 4YN. E-mail: direct.orders@marston.co.uk
KeywordsEarly retirement ; Preparation [retirement] ; Pensions ; Retirement policy ; Qualitative Studies.
AnnotationMore people than in the past, especially men, are leaving paid work in their fifties and early sixties, and this raises concerns about whether they have enough money for their retirement. This qualitative study is part of the Joseph Rowntree Foundation (JRF) research programme, Transitions after 50, which explores people's experiences, decisions and constraints as they pass from active work in their middle years towards a new identity in later life. The study is based on in-depth interviews with 35 households selected from the Family Resources Survey (FRS), comprising people who had moved out of work in their fifties (or early sixties for men) and who were in different types of financial situation following their withdrawal from work. The report considers the factors influencing individuals' pathways to retirement; how decisions were made about leaving work; the financial circumstances and transitions on leaving work; and what they thought about their situation in early retirement. The implications for policy are discussed in terms of employment policy and personal finances. (RH).
Accession NumberCPA-031205001 B
ClassmarkG5M: GA: JJ: G5: 3DP

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