Pensioner incomes overtake working-age households - Resolution Foundation

Typical working-age incomes may remain above typical pensioner household incomes before housing costs are factored in, but the think tank's report As Time Goes Byfound, once housing costs are taken into consideration, the median pensioner income is above its working-age equivalent. The report identified the impact of a significant proportion of pensioners working beyond pension age as one explanation for the increase in income. Others included generous defined benefit pension schemes, an increase in public benefits and the rising value of investments - not least their homes. The cum...