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Retirement Living Standards in the UK: 2024 Update

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posted on 2025-07-09, 16:24 authored by Matt PadleyMatt Padley, Wolf EllisWolf Ellis, Eleanor BalchinEleanor Balchin
<p dir="ltr">This short report provides detail on the key budget areas of the Retirement Living Standards, setting out what is needed in 2024 at a minimum, moderate and comfortable standard of living. It reviews the impact of updating the moderate and comfortable retirement living standards through changes in prices captured through the Consumer Prices Index. It also sets out the key changes in the minimum retirement living standard resulting from new Minimum Income Standard (MIS) research on what is needed for a minimum socially acceptable standard of living undertaken in 2024 (Davis et al, 2024). [...]</p>

Funding

Commissioned by: Pensions and Lifetime Savings Association

History

School

  • Social Sciences and Humanities

Department

  • Criminology, Sociology and Social Policy

Published in

Retirement Living Standards in the UK: 2024 Update

Publisher

Pensions UK

Version

  • VoR (Version of Record)

Publication date

2025-06-03

Language

  • en

Depositor

Prof Matt Padley. Deposit date: 30 June 2025

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