Aims PDF Print E-mail

By using different methods of investigation, we are aiming to find out different things about older people and their money.

We have conducted ten focus groups, and we have interviewed in depth 45 couples (90 people) together and separately about what money means in their lives and how they manage their money.   The people have been selected for this study because they are either over 65 themselves or living with a partner or spouse over 65, because we are particularly interested in how these matters affect older people.  We have interviewed people of all ages (our oldest couples are in their 90s), in different states of health, from a wide range of ethnic backgrounds, who have different size families, and from different occupational backgrounds - from the very rich to people who struggle to make ends meet.  From this part of the study we are aiming to understand cultural, social and lifecourse influences on what people do with their money as they grow older. 

We are asking people to fill out our web survey, where we are aiming to collect details about what people think about a wide range of matters relating to couples and their money, and through this we are aiming to gather diverse views and understand more about how money management impacts on people's day to day lives.

We have undertaken some analysis of a very large and important dataset, the English Longitudinal Study of Ageing, which has interviewed a representative sample of people over 50 in 8,000 households and has gathered a host of information about them and their finances, as well as many other issues.  By doing this, we will be able to have a very clear understanding of how much money older couples have, whose money it is, and where it comes from.  We will also be able to investigate inequalities in society.

Finally, we have scrutinised government policies relating to money and older people - not just pensions and benefits, but also policies relating to savings, debts and financial services.  We aim to relate this part of the study to the things that we have been told from the people that we have interviewed and from those who have completed our survey, in order to try to improve policy for older people. 


In this section of the website, which is called "ABOUT" because it tells you about the project, you can learn more about WHO is conducting this research, HOW the research is being conducted, WHY  we are conducting this research, and what our AIMS are in conducting this research.  You can either click on these highlighted words to find out more, or click on the orange tabs above the title on this page.