IFS Press Releases

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

Date: 23 October 2012
Authors: James Banks , Rowena Crawford , Thomas Crossley , Carl Emmerson and Cormac O'Dea
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.