‘Social differentiation in later life: The 2nd UK-Japan international collaborative workshop exploring the interaction between (housing) wealth and retirement’
By Misa Izuhara, Professor of Social Policy
Who supports you in your transition to retirement? Is it the state, your employer or are you left to yourself to manage? Do you have sufficient financial resources including your own home to choose when to retire? Do you need to have paid work or will you look for different social participation such as volunteering after retirement? The process of retirement is becoming more complex and differentiated in terms of timing and financial resources. Active ageing policies in many advanced economies encourage older workers to remain in the labour market. However, the reasons and opportunities to do so depend on both market and institutions (e.g. retirement age, social security, attitudes of employers) as well as individual capital (e.g. health, skills, financial resources). (more…)
