living on a low income in later life
DESCRIPTION
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. - PowerPoint PPT PresentationTRANSCRIPT
Living on a low income in later life
Expert briefing 24th 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
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
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
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/