Questionnaire Module Main Survey

retirementplanning_w2

Retirement Planning module

Questions 20

retirementplanning_w2.retchk

Retired check

Type: choice

Source: UKHLS

Text: Do you consider yourself to be currently retired, even if you do some paid work or have some other main activity?

Option	Label
1	Yes, considers is retired
2	No, considers is not retired

Universe:
if ((HHGRID.DVAge > 59 & HHGRID.DVAge < 71 & HHGRID.SEX = 2) | (HHGRID.DVAge > 64 & HHGRID.DVAge < 71 & HHGRID.SEX = 1)) & DEMOGRAPHICS.JBSTAT <> 4 (Female aged between 60 and 70 or male aged between 65 and 70 and current economic status is not retired)

b_retchk (b_indresp) retired check

retirementplanning_w2.ageret

Age expected to retire

Type: number

Source: BHPS adapted

Interviewer Instruction: IF CONSIDERS IS RETIRED NOW, ENTER CURRENT AGE ENTER AGE

Text: There is a lot of policy interest in how people are planning for their long term future and retirement. At what age do you expect you will retire or will consider yourself to be retired?

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_ageret (b_indresp) age expected to retire

retirementplanning_w2.rtpro1

Benefits retirement: being own boss

Type: choice

Source: BHPS

Text: I'm going to read out a list of things that some people say are good about retirement.
Please look at this card and for each one tell me if, for you, they would be very important, moderately important, somewhat important, or not important at all. First, "Being your own boss"?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro1 (b_indresp) benefits retirement: being own boss

retirementplanning_w2.rtpro2

Benefits retirement: taking things easy

Type: choice

Source: BHPS

Text: (Thinking about retirement, how important is...)
Being able to take it easy?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro2 (b_indresp) benefits retirement: taking things easy

retirementplanning_w2.rtpro3

Benefits retirement: chance to travel

Type: choice

Source: BHPS

Text: (Thinking about retirement, how important is...)
Having the chance to travel?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro3 (b_indresp) benefits retirement: chance to travel

retirementplanning_w2.rtpro4

Benefits retirement: time for family/friends

Type: choice

Source: BHPS

Text: (Thinking about retirement, how important is...)
Having more time for family and friends?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro4 (b_indresp) benefits retirement: time for family/friends

retirementplanning_w2.rtpro5

Benefits retirement: time for leisure activities

Type: choice

Source: BHPS

Text: (Thinking about retirement, how important is...)
Having more time for leisure activities?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro5 (b_indresp) benefits retirement: time for leisure activities

retirementplanning_w2.rtpro6

Benefits retirement: time for voluntary work

Type: choice

Source: BHPS

Text: (Thinking about retirement, how important is...)
Having time to take part in community/voluntary work?

Option	Label
1	Very important
2	Moderately important
3	Somewhat important
4	Not important at all

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtpro6 (b_indresp) benefits retirement: time for voluntary work

retirementplanning_w2.rtcon1

Disadvantages retirement: unproductive

Type: choice

Source: BHPS

Text: Now for things that some people say are bad about retirement. Please look at this card and for each one tell me if, for you, they would worry you a lot, somewhat, a little or not at all. First, "Not doing anything productive or useful"?

Option	Label
1	A lot
2	Somewhat
3	A little
4	Not at all
5	Didn't work/N/A

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtcon1 (b_indresp) Disadvantages retirement: unproductive

retirementplanning_w2.rtcon2

Disadvantages retirement: illness/disability

Type: choice

Source: BHPS

Text: (Thinking about retirement, how big of a worry is...)
Illness or disability?

Option	Label
1	A lot
2	Somewhat
3	A little
4	Not at all
5	Didn't work/N/A

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtcon2 (b_indresp) Disadvantages retirement: illness/disability

retirementplanning_w2.rtcon3

Disadvantages retirement: lack of income

Type: choice

Source: BHPS

Text: (Thinking about retirement, how big of a worry is...)
Not having enough income to get by?

Option	Label
1	A lot
2	Somewhat
3	A little
4	Not at all
5	Didn't work/N/A

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtcon3 (b_indresp) Disadvantages retirement: lack of income

retirementplanning_w2.rtcon4

Disadvantages retirement: lonely/isolated

Type: choice

Source: BHPS

Text: (Thinking about retirement, how big of a worry is...)
Feeling lonely or isolated?

Option	Label
1	A lot
2	Somewhat
3	A little
4	Not at all
5	Didn't work/N/A

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtcon4 (b_indresp) Disadvantages retirement: lonely/isolated

retirementplanning_w2.penmex

Have employers pension scheme

Type: choice

Source: BHPS

Text: Do you currently expect to receive any income or benefit from an employers occupational pension scheme when you retire?

Option	Label
1	Yes
2	No

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_penmex (b_indresp) have employers pension scheme

retirementplanning_w2.pppex

Have private pension scheme

Type: choice

Source: BHPS

Interviewer Instruction: INCLUDE STAKEHOLDER PENSIONS

Text: Do you currently expect to receive any income or benefit from a private pension scheme when you retire?

Option	Label
1	Yes
2	No

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_pppex (b_indresp) have private pension scheme

retirementplanning_w2.pppexm

Any other retirement income

Type: choice

Source: BHPS

Text: (Apart from the pensions already mentioned) Do you currently expect to receive any income or benefit from (other) savings and investments when you retire?

Option	Label
1	Yes
2	No

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_pppexm (b_indresp) any other retirement income

retirementplanning_w2.sppen

Benefit from spouse's pension scheme

Type: choice

Source: BHPS

Text: Does your husband/wife/partner belong to any pension scheme, either an occupational or private scheme under which you would receive benefits if you outlive them?

Option	Label
1	Yes
2	No

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)
and if HHGRID.LiveSp = 1 | HHGRID.LiveWith = 1 (Living with husband/wife/partner or currently cohabiting)

b_sppen (b_indresp) benefit from spouse's pension scheme

retirementplanning_w2.rtexpjb

Expects to have pd employment during retirement

Type: choice

Source: UKHLS

Text: How likely is it that you will do any paid employment either full or part-time after you retire or reach the compulsory age of retirement in your current job? Is it very likely, likely, unlikely or very unlikely that you will do any paid work after you retire?

Option	Label
1	Very likely
2	Likely
3	Unlikely
4	Very unlikely
5	Depends on finances

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_rtexpjb (b_indresp) expects to have pd employment during retirement

retirementplanning_w2.rtfnd

source of retirement income

Type: multichoice

Source: BHPS adapted

Interviewer Instruction: CODE ALL THAT APPLY

Text: Which of the things on this card do you expect to use to provide for your retirement?

Option	Label	Associated variables
1	State retirement (Old Age) pension, including State Second Pension (SERPS)	b_rtfnd1 (b_indresp) State retirement (Old Age) pension, including State Second Pension (SERPS)
2	Savings or investments	b_rtfnd2 (b_indresp) Savings or investments
3	Releasing equity in your home by moving to a less expensive one	b_rtfnd3 (b_indresp) Releasing equity in your home by moving to a less expensive one
4	Renting out a property (other than your main home)	b_rtfnd4 (b_indresp) Renting out a property (other than your main home)
5	Sale of another property (other than your main home)	b_rtfnd5 (b_indresp) Sale of another property (other than your main home)
6	Inheritance in the future	b_rtfnd6 (b_indresp) Inheritance in the future
7	Financial support from your partner or family	b_rtfnd7 (b_indresp) Financial support from your partner or family
8	Earnings from part-time/freelance work	b_rtfnd8 (b_indresp) Earnings from part-time/freelance work
9	Occupational or personal pension from scheme not yet started	b_rtfnd9 (b_indresp) Occupational or personal pension from scheme not yet started
10	Something else	b_rtfnd10 (b_indresp) Something else
96	None of the above	b_rtfnd96 (b_indresp) None of the above

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

retirementplanning_w2.retamt

Expected ratio of post to pre-retirement income

Type: choice

Source: BHPS

Text: Can you tell me from this card what you expect your retirement income to be compared with your pre-retirement income?

Option	Label
1	Less than a quarter
2	About a quarter
3	About a third
4	About a half
5	About two thirds
6	About three quarters
7	About the same as before retiring
8	Have not thought about it

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_retamt (b_indresp) expected ratio of post to pre-retirement income

retirementplanning_w2.retsuf

Adequacy expected retirement income

Type: choice

Source: BHPS

Interviewer Instruction: READ OUT EACH AND CODE ONE ONLY

Text: Looking to the future, do you expect your income during retirement to be...

Option	Label
1	More than enough to meet your needs
2	Just about enough to meet your needs
3	Less than enough to meet your needs

Universe:
if (HHGRID.DVAge = 45|50|55|60|65) & DEMOGRAPHICS.JBSTAT <> 4 & RetChk <> 1 (If aged 45, 50, 55, 60 or 65 and is not retired)

b_retsuf (b_indresp) Adequacy expected retirement income

retirementplanning_w2

Retirement Planning module

retirementplanning_w2.retchk

retirementplanning_w2.ageret

retirementplanning_w2.rtpro1

retirementplanning_w2.rtpro2

retirementplanning_w2.rtpro3

retirementplanning_w2.rtpro4

retirementplanning_w2.rtpro5

retirementplanning_w2.rtpro6

retirementplanning_w2.rtcon1

retirementplanning_w2.rtcon2

retirementplanning_w2.rtcon3

retirementplanning_w2.rtcon4

retirementplanning_w2.penmex

retirementplanning_w2.pppex

retirementplanning_w2.pppexm

retirementplanning_w2.sppen

retirementplanning_w2.rtexpjb

retirementplanning_w2.rtfnd

retirementplanning_w2.retamt

retirementplanning_w2.retsuf

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