Life at older ages will look very different for women in the early 2020s than it does today. They are likely to be healthier, their husbands will live longer, and they will be much more likely to be in paid work.

These are among the main findings of The Changing Face of Retirement, a new report published today by the Institute for Fiscal Studies (IFS) and funded by the Joseph Rowntree Foundation and the IFS Retirement Saving Consortium, with support from the Economic and Social Research Council. The study projects the demographic and financial circumstances of those aged 65 and over in England up to 2022–23.