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  • Women are working later into life as age milestones change
  • Women are working later into life as age milestones change
    The Huffington Post (2014) ©
REPORT

Can women in the UK afford to retire?

Some might believe that retirement for women in the UK means endless book groups, lunches out and a yearly cruise. But as women live longer than ever before, what does the future hold for these baby boomers who may have to fund more than three decades of being out of work?

Location United Kingdom

Scope
In the battle of the sexes, the retirement playing field is anything but level – and many women now fear they can’t afford to retire. The Old Age Pension (now known as the Basic State Pension) was introduced in 1909 to prevent poverty in old age. Following the Second World War, when the retirement age was set at 60, a woman's life expectancy in the UK was just under 68 years. But in 2014, this has risen to nearly 83. [1] Women are living longer after retirement than ever before. They’re also living longer than men, ...

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