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Living on a low income in later life

Living on a low income in later life. Expert briefing 24 th January 2012. Limited incomes. - 1.2 million people aged 60+ are finding it difficult / struggling on their income - of those 1.2 million, 500,000 are really struggling to cope - 4.5 million can only just afford to buy the basics.

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Living on a low income in later life

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  1. Living on a low income in later life Expert briefing 24th January 2012

  2. Limited incomes • - 1.2 million people aged 60+ are finding it difficult / struggling on their income • - of those 1.2 million, 500,000 are really struggling to cope • - 4.5 million can only just afford to buy the basics

  3. Increasing costs • - 11.4 million people aged 60+ have noticed an increase in the price of every day goods this year • - 10.8 million have less disposable income than last year because of rising living costs • - 5.5 million can no longer afford little treats they had last year

  4. Making ends meet • In the last 12 months: • - 5.9 million people aged 60+ have turned down the heating when not warm enough to save money • - 3.1 million have bought less food than they wanted because of rising food costs

  5. Knowledge Hub • Visit Age UK’s Knowledge Hub to find all our resources and learn more. • - Monthly e-bulletin • - Age UK later life fact sheet • - Briefings and presentations (including today’s) • http://www.ageuk.org.uk/professional-resources-home/knowledge-hub-evidence-statistics/briefings-and-presentations/

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