The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid...

Like other OECD countries, the UK experienced more than two decades of declining labour market activity among older men in the 1970s, 1980s and early 1990s. A number of measures to reverse this trend that are currently under discussion, or have already been introduced, include, an increase in...

In this article we discuss the state of the literature relating to the decumulation of retirement wealth and the management of retirement incomes. On the one hand, life-cycle models that allow for strong bequest motives and for the effects of medical expense risks have been shown to be able to...