Retirement in flux: changing perceptions of retirement and later life

Document type
Corporate author(s)
International Longevity Centre - UK
International Longevity Centre - UK
Date of publication
1 April 2012
Older Adults
Social welfare
Material type

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Retirement is changing. This paper argues that older people should expect to work longer and draw upon property wealth to help fund care costs. Moreover it that argues that society needs to abandon the notion retirement marks the point where older people’s contributions are no longer necessary or valuable. Traditionally, our understanding of retirement implies that people make contributions in their working life in return for support in later life. An ageing society, with many people living longer and healthier lives, means that contributions should continue into later life - as long as society is able to value adequately the contributions that all generations can make to culture, politics and the economy.