Planning and Preparing for Later Life 2024

The Planning and Preparing for Later Life Survey (PPLL) 2024 was commissioned by the Department for Work and Pensions (DWP) to provide up to date information on people’s attitudes and behaviours around planning for retirement. This survey is the second in the series, following on from the first wave of PPLL conducted in 2020/21.

The 2024 survey had four main objectives:

• To understand attitudes and behaviours around pension saving and planning for later life.
• To provide evidence to support policy development around income adequacy in retirement.
• To gather evidence on attitudes and knowledge around the State Pension system.
• To gather evidence on the value consumers place on DWP products, policies and services PPLL collected data from a nationally representative sample of 4,036 adults aged 40 to 75 in Great Britain. Data were collected via a 45 minute online self-completion survey (with the option to complete via the telephone on request) between 30th October and 7th December 2024.

The sample for the survey was drawn from respondents to the 2022-23 and 2023-24 Family Resources Surveys aged 40 to 75 who had agreed to be contacted for further
research. 

This report covers the later life landscape, expectations and planning for retirement, income inadequacy in retirement, and pension decision making. IES's Zofia Bajorek and Jonny Gifford were both involved in an advisory capacity.