Retirement from work is a major life transition. For many, retirement from paid employment is something to look forward to. But for others, retirement can pose many challenges and they find it difficult to adjust to their new role and circumstances.
This analysis of the most recent data from the English Longitudinal Study of Ageing, carried out by the Centre for Ageing Better, shows attitudes about ageing taken from a sample of more than 6,000 people aged 50 and over in England.
Self-employed people can face different challenges to the employed worker, from fluctuating income due, ill-health or the need to invest to grow – all of which can make it difficult to plan their savings.