Low-income retirees, financial position and wellbeing

This research published by the JRF looks at the relationship between income, wealth and the experience of retirement of low-income older households.


  • Different levels of low income, around or below the government's guaranteed minimum income level for older people, do not lead to different experiences of retirement.
  • Non-housing wealth, such as 'buffer savings', are what makes the difference in people's experiences of retirement.