July 2025
18Jul

Developing Retirement Living Standards

By Matt Padley & Claire Shepherd The Retirement Living Standards (RLS), first published in 2019 and funded by the Pensions and Lifetime Savings Association (PLSA), set out what the public agree is needed to retire at two living standards above a minimum standard of living, based on extensive research with members of the public. The research uses the established approach to defining minimum living standards pioneered at CRSP and describes in detail what the public agree single and partnered retirees...

July 18, 2025
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18Jul

Individuals’ challenges managing pensions through retirement

By Bee Boileau, Jonathan Cribb & Carl Emmerson This report is one of two reports on the management of pension wealth in retirement conducted as part of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. In this report, we examine the decisions that older individuals face as they draw on and manage their private pension wealth through retirement. In particular, we highlight the growing importance of defined contribution (DC) wealth,...

July 18, 2025
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16Jul

Paging Gen Z: It’s not a ‘micro-retirement.’ It’s a vacation

It’s July, and many Midwesterners are flocking to the lake, driving south to go to the beach, or simply sticking around to enjoy the fleeting hot weather at their local pool. Even Pope Leo XIV, arguably one of the busiest and most important people in the world, is taking a summer vacation. (True, his break includes six weeks off, something most of us can only dream of.) That’s why we were intrigued to see a new Gen Z term crop up. A...

July 16, 2025
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11Jul

US. How Much Should You Have Saved for Retirement If You Live To 100

Planning for retirement requires an effective strategy that covers everything, including inflation, long-term healthcare, vacations, debt, the uncertainty of Social Security, taxes, the unexpected and living expenses. What makes it even more challenging is people are now outliving their savings because life expectancy is longer. According to a new survey from Allianz Life, 64% of Americans, mostly Gen Xers, worry more about not having enough money to cover their lifetime than they worry about dying. While many fear about running out of...

July 11, 2025
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11Jul

Roadmap for Retirement: The Case for a National Pension Dashboard

By Kathryn Bush Retirement planning is getting harder for Canadians as more savings shift to definedcontribution plans, and account information is scattered across institutions. Given current financial literacy levels in Canada, many people struggle to understand what they'll have to live on in retirement. A pension dashboard could help by bringing all their retirement savings and benefits into one place. A pension dashboard is a government or government-sanctioned online tool that shows individuals all their retirement income sources-including government benefits,...

July 11, 2025
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10Jul

UK. Older Brits delay retirement while younger workers risk being underprepared

Older Brits are delaying retirement due to the rising state pension age (SPA), according to research from the University of Bath, yet many younger workers, particularly women, risk being underprepared by holding onto unrealistic early retirement hopes. The research revealed a “clear” gap between expected and actual retirement behaviour, with younger workers expecting to retire before reaching SPA, while older workers tend to revise their plans when they are already close to retirement when opportunities to boost savings and continue...

July 10, 2025
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07Jul

UK. 15.3m are at risk of poverty in retirement

Millions of people across the UK are “sleepwalking into retirement poverty”, a report has warned, as rising living costs outstrip pension savings and key groups slip through the cracks of the system. A total of 15.3 million people – over a fifth of the population – are now at risk of financial hardship in old age, according to Scottish Widows’ latest Retirement Report. That is 1.6 million more than in 2023. Even as pension savings have edged up slightly, rising prices have cancelled out progress, according to...

July 7, 2025
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June 2025
27Jun

LGBTQ+ Aging and Retirement Issues: A Critical Review of Current Studies and Knowledge Gaps

By Julie Duda, Bri Bloxsom & Manshreya Grover This paper presents a detailed review of select studies on the experiences and challenges faced by LGBTQ+ older adults, particularly in the context of aging and retirement. Through a systematic analysis of fourteen studies, this review aims to provide a nuanced understanding of the issues encountered by this population, highlighting key themes including discrimination, healthcare access, social support, resilience, end-of-life preparation, and mental health. There exists a broad body of scholarly work that has shed light on...

June 27, 2025
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26Jun

‘Long way to go’ despite improvements in UK retirement optimism

Retirement optimism in the UK is slowly increasing, but there is still a long way to go, as over half (52 per cent) of Brits are not optimistic about being prepared for retirement, research from State Street Global Advisers has revealed. The survey showed that there have been improvements, with one in five (20 per cent) people stating that they are optimistic that they will be financially prepared for retirement by the time they plan to stop working, up 6...

June 26, 2025
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20Jun

Transgender seniors worry about retirement, old age amid wave of anti-trans legislation

By Andrew DeMillo, Lynne Sladky & Laura Bargfeld Rajee Narinesingh faced struggles throughout her life as a transgender woman, from workplace discrimination to the lasting effects of black market injections that scarred her face and caused chronic infections. In spite of the roadblocks, the 56-year-old Florida actress and activist has seen growing acceptance since she first came out decades ago. “If you see older transgender people, it shows the younger community that it’s possible I can have a life. I can live...

June 20, 2025
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