Report: The experience of ageing in England is getting worse

A new report from the Centre For Better Ageing, ‘Boom and bust?’ is a troubling read. It shows the experience of ageing in England is getting worse – and more unequal.

A deep dive of the data over two time points reveals that people in their 50s and 60s today face worse circumstances than the cohort before them across many key aspects of life.

One in five in this age group are on course for an old age marred by multiple problems, including financial insecurity, ill-health and loneliness. The report also highlights shocking levels of inequality faced by people from Black, Asian and Minority Ethnic (BAME) backgrounds in this age group.

This new evidence must be a spur to action for policy-makers. For too long this group has been overlooked and views skewed by stereotypes about wealthy baby boomers. We need government to adopt a clear strategy on ageing if we are to ensure that we can all look forward to a good later life.

Here are the headlines:

  • Financial inequality in later life is increasing dramatically
  • People from BAME backgrounds face shocking levels of inequality
  • The gender employment gap among people approaching retirement means that women face greater financial precarity in later life
  • The quality of work has worsened for people in their 50s and 60s
  • Poor health will limit many people’s ability to work up to state pension age
  • Large numbers in this age group are juggling working lives with caring for loved ones
  • Social and community connections have weakened.

Read the full report

 

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