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Centre for Policy on Ageing | |
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Preparing for later life
— working longer and saving more | | Author(s) | Suzanne Hall, Nigel Keohane |
| Corporate Author | Joseph Rowntree Foundation - JRF |
| Journal title | Findings, 3171, January 2016 |
| Publisher | Joseph Rowntree Foundation - JRF, York, January 2016 |
| Pages | 4 pp |
| Source | https://www.jrf.org.uk/report/preparing-later-life-working... |
| Keywords | Postponement [retirement] ; Employment of older people ; Savings ; Retirement policy ; Research Reviews. |
| Annotation | Preparing better for later life by saving more and working longer is particularly difficult for people in low-paid, low-skilled work. This research looks at how barriers to saving and working longer can be overcome and how policies could support low-income households to plan better for later life. It finds that the cost of living is one of the main barriers cited by participants as a barrier to saving. Most participants accepted they would need to work longer to be able to 'afford' to retire. Views varied greatly according to the life stage of the individual, with younger participants prioritising family expenses such as saving for Christmas. (RH). |
| Accession Number | CPA-160205236 P |
| Classmark | G5H: GC: JDD; G5: 3A:6KC |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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