<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