Search results for ‘Subject term:"older people"’ Sort:
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Care options in retirement
- Authors:
- WALLACE Margaret, SPIERS Philip
- Publisher:
- Which?
- Publication year:
- 2008
- Pagination:
- 220p.
- Place of publication:
- London
This book describes the services available to older people and helps relatives identify the practicalities, such as what is available, how to arrange it, how to pay for it and where to get more information. It discusses the options and assessment, staying at home and funding care there, choosing housing, buying or renting, leases and tenancy agreements, finding and funding a care home and negotiating a fair contract.
Debt and older people: how age affects attitudes to borrowing
- Authors:
- McKAY Stephen, et al
- Publisher:
- Help the Aged
- Publication year:
- 2008
- Pagination:
- 70p., bibliog.
- Place of publication:
- London
Research from the Personal Finance Research Centre at Bristol University commissioned by Help the Aged and Barclays to support the work of a nationwide money management programme, Your Money Matters, run by Help the Aged in partnership with Barclays. The research finds that an increasing number of people are reaching retirement age in debt, with 1 in 4 people approaching state retirement age having outstanding consumer credit commitments. Shockingly, these borrowers owe four times as much as their counterparts did ten years ago.
The present retirement crisis and how social workers can respond
- Authors:
- MILLER David B., HOKENSTAD M.Terry, BERG Kristen
- Journal article citation:
- Journal of Gerontological Social Work, 60(5), 2017, pp.395-407.
- Publisher:
- Taylor and Francis
- Place of publication:
- Philadelphia, USA
Research on Americans’ retirement readiness indicates a wide range of preparedness for the golden years. Called a “crisis” by researchers, retirement for some may include significant choices: continued employment or utilisation of social welfare services. This article describes factors contributing to the retirement crisis and roles social workers can play in assisting older retirees. Disparity in household retirement savings exists by ethnicity. On the front lines serving ageing individuals and their families, social work professionals are well situated to collaborate with individuals, and other providers, to address financial, social and emotional pillars necessary in facilitating a safe and secure retirement. (Edited publisher abstract)
Will older home-owners use equity release to improve the quality of their lives?
- Authors:
- TERRY Rachel, GIBSON Richard
- Journal article citation:
- Housing Care and Support, 13(1), February 2010, pp.28-32.
- Publisher:
- Emerald
Older people often prefer to be supported in order to remain in their own homes, but are often unable to afford the type of help they want. If income-poor, but asset rich older home-owners could draw on their housing equity easily, then they could afford the practical help (such as window cleaning and gardening) that would improve their quality of life and make it possible for them to continue to live for longer in their own homes. However, there are deterrents to using equity release, such as reluctance to reduce inheritance, anxiety over whether drawing on this equity is value for money, and concern that it might mean a reduction in their entitlements. The schemes that have been drawn up address all of the above concerns, and the pricing is more favourable than any alternative – although the interest rates are similar, there are significantly reduced fees. This article reports on three local authorities (the London Borough of Islington, the Royal Borough of Kensington & Chelsea, and the Borough of Maidstone) that are now piloting equity release schemes, and the plans for monitoring and assessing them.
Transformations in economic security during old age in Korea: the implications for public-pension reform
- Author:
- CHOI Young-Jun
- Journal article citation:
- Ageing and Society, 26(4), July 2006, pp.549-565.
- Publisher:
- Cambridge University Press
The South Korean National Pension scheme was instituted in 1988 and now covers all private-sector employees and the self-employed. Since the financial crisis of 1997, however, it has become controversial and is under considerable pressure, not least because of the perceived financial implications of the country's rapidly ageing population. Predictions of financial shortfalls or ‘unsustainability’ have prompted calls for severe ‘downsizing’ of the scheme. The debate on the reform of the scheme has been dominated by the need to respond to demographic change in ways that assist the national economy, invariably by reducing social expenditure. The debate, however, has given little attention to the social or welfare functions of the pension scheme, though the material insecurity of older people has been exacerbated by major changes in the labour market and the family. This paper details recent socio-demographic changes in Korea and discusses their implications for old-age security and pension reform. It argues that public-pension schemes should be developed to strengthen social protection against the insecurities of old-age, that intra-generational redistribution should be at the core of the reformed arrangements, and that the introduction of a comprehensive non-contributory pension scheme should be seriously considered.
Pensioned off: retirement and income examined
- Author:
- MIDWINTER Eric
- Publisher:
- Open University Press
- Publication year:
- 1997
- Pagination:
- 127p.,bibliog.
- Place of publication:
- Buckingham
Examines how retirement and ways of funding it emerged, looks at key issues in relation to retirement and pensions today, and goes on to deal with key issues for the future.
Born to retire: the foreshortened life course
- Author:
- EKERDT David J.
- Journal article citation:
- Gerontologist, 44(1), February 2004, pp.3-9.
- Publisher:
- Oxford University Press
Retirement is no longer a concern solely for the second half of life. Rather, the idea that we will someday retire is increasingly present to all adults and it is even urged on adolescents. The earliest reaches of adulthood are being colonized by frequent reminders that it takes individual effort to achieve retirement. The changing nature of pensions, the identification of retirement saving with financial markets, the politics of Social Security, the aging baby boom generation, and the interests of a powerful industry and of government are daily compelling people's attention to retirement as a lifelong goal. With retirement as adulthood's great project of deferred gratification, the result could be greater personal readiness to retire but also some ironic outcomes, such as a stronger retirement norm, reluctance to spend on children, and outsized expectations for later life.
Residents' views of a continuing care retirement community
- Author:
- JOSEPH ROWNTREE FOUNDATION
- Publisher:
- Joseph Rowntree Foundation
- Publication year:
- 2003
- Pagination:
- 4p.
- Place of publication:
- York
Hartrigg Oaks in New Earswick, York, is the first example in the UK of a Continuing Care Retirement Community (CCRC). This non-profit-making community, developed without government subsidy and run by the Joseph Rowntree Housing Trust, has a financing system unique in the UK. Capital payments and annual fees from each resident are pooled to fund care and support services for all the residents. This allows Hartrigg Oaks to charge a flat rate, inflation-linked fee, that will not rise even if a resident needs permanent residential care. (Residents can opt to pay for care as needed.) The objective is to achieve a balance between those residents who need care and support and those who do not make many demands on its care services. Hartrigg Oaks must therefore try to ensure that it has the right 'balance' of residents and appeals to the 'young-old' who anticipate living independently for some years to come. All potential residents undergo a health check.
Planning your pension
- Author:
- WARD Sue
- Publisher:
- Kogan Page
- Publication year:
- 2002
- Pagination:
- 195p.,bibliog.
- Place of publication:
- London
This work provides a layperson's guide to the complexities of pension provision and the options avalible. The author's advice is intended to give any individual the advantage of being informed about the choices open to them. The contents include: the state pensions scheme; the different types of pension schemes (run by the employer, personal, stakeholder); contracting out of SERPs and the S2Ps; the legal rules; changing the scheme; negotiating the package; information for members; the role of the trustees; what happens to the money; safeguarding the benefits; and what to do if things go wrong.
Pensions and income: current issues future challenges; report of the seminar Women and Pensions 16 January 2003
- Author:
- AGE CONCERN
- Publisher:
- Age Concern
- Publication year:
- 2003
- Pagination:
- 13p.
Reports the results of a seminar which took place during the consultation period on the Government's pensions Green Paper 'Simplicity security and choice: working and saving for retirement which includes a chapter Women, work and pensions. Women are more likely than men to have low incomes in retirement due to factors such as: lower earnings; interrupted working lives due to caring responsibilities; and longer life expectancy. However debate on pensions has often failed to consider the specific position and needs of women. The aim of the seminar was to provide an opportunity to look at the current position, and ways of changing this in relation to: state pensions; private pensions; and financial advice, particularly in the light of the Green Paper.