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

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Presentation on theme: "Living on a low income in later life Expert briefing 24 th January 2012."— Presentation transcript:

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