Not so brief lives: longevity expectations and wellbeing in retirement

<p>The sixth age shifts<br> </p><p>Into the lean and slippered pantaloon,<br> </p><p>With spectacles on nose and pouch on side,<br> </p><p>His youthful hose well saved, a world too wide<br> </p><p>For his shrunk shank; and his big manly voice,<br> </p><p>Turning again toward childish treble, pipes<br> </p><p>And whistles in his sound.</p> </p><p> </p><p><p>Today's Ѭean and slippered pantaloons' are certainly different to their Shakespearean predecessors. Neither foolish nor doddery, they are instead far better off than even their most </p><p>recent counterparts. Those currently at or approaching retirement will receive the most generous state pensions of any generation, and will also have gone through their working </p><p>lives in a period of high growth in real wages and real asset prices, both in housing and the stock market.</p>