Drop in income, pre-retirement?

A question about : Drop in income, pre-retirement?

Interesting article/ survey about finances tightening post- 50. I had assumed the time before retiring was the best opportunity for people to get their finances in order, before a drop in income at pension age.

Does this chime with people's experience?

Best answers:

• Where's the article?. Sorry, obviously being a bit dim but it's rather early.
• "The pensions specialist found that those aged between 50 and 64 were left with just Ј231.53 a week once necessary expenses like household bills, living costs and transport costs were accounted for."
  For many, throughout their entire lives, it'd be nice to START with that amount ... never mind after household bills, living costs and transport.
  Ј1000/month "just for fun"..... *dreams*
• In my forties I had two children to feed clothe and educate with all the associated spending that entails, I have found in my 50's I have more disposable income and the ability to save for retirement. My basic pay is the highest it's ever been too...
• I was about to post the same as nearly rich.
  In our forties we struggled with the 15% interest rates and mortgage, with two kids in university, no overlap, so no grant.
  When youngest graduated and interest rates fell, we had a boost and our fifties were good.
• My salary did drop when I reached 50, but that was because I took a part time job.
  My hourly rate in the job was the same as my previous full time job.
  What with having receiving a monthlypension, and paying less tax, and having no mortgage, I feel better off at this point in my life than ever before, and have put more money in savings in the last 4 years than ever before.
• I was a professional lorry driver, my wages were never as much as other so called professionals. It stayed constant throughout, until I chose to reduce my working hours when I was in my mid fifties, thus reducing my earnings. I can live happily on a small income, and life is pretty good at the moment now I am five years into retirement. Yes I don't have as much money coming in, but neither do I have much going out.
  The best time to get your finances in order before retirement? As soon as you leave school, and never take your eye off the ball.
  Ilona