When should people save for retirement, and how do they?

Download the slides used in the presentation here.

There is often lots of discussion about how much individuals need to save for retirement, and how this compares with the saving being encouraged through automatic enrolment, but much less attention is paid to when they should save. In an ongoing programme of research, funded by the Nuffield Foundation, IFS researchers are examining pension saving over the life cycle in detail.

In this event, researchers will share findings from two new reports, examining when individuals should save for retirement – given factors like earnings growth and children – and how employees save in practice. The impact of automatic enrolment, and the implications for pensions policy going forwards, will also be discussed.