Up to one-in-five facing large income falls on retirement; Financial crisis knocks 10% off wealth holdings among older individuals

Published on 23 October 2012

These are among the findings from two new reports by IFS researchers launched today, that use household survey data to investigate how well prepared for retirement individuals approaching the state pension age are, and how the wealth of older individuals has been affected by the financial crisis.

Authors

James Banks

CPP Co-Director

James is Senior Research Fellow and Professor of Economics at Manchester, working on broad issues in the economics of retirement, savings and health.

Carl Emmerson

Deputy Director

Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.

Thomas Crossley

Thomas F. Crossley

Research Fellow University of Michigan

Tom is a Research Fellow at IFS, a Research Professor for the Institute for Social Research at the University of Michigan.

Cormac O'Dea

Research Associate Yale University

Cormac is a Research Associate of the IFS, an Assistant Professor of Economics at the Yale University and Research Fellow at the NBER.

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Rowena Crawford