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Just above the breadline: living on a low income in later life
- Authors:
- ADAMS Lorna, WEST Sally
- Publisher:
- Age Concern England
- Publication year:
- 2006
- Place of publication:
- London
Pensioners are being forced to live ‘just above the breadline’, with inflation-busting bills leaving them with little money to enjoy retirement, according to a new report by Age Concern. The charity is warning that thousands of older people are missing out on a decent quality of life, which could be putting them at risk of isolation and depression in later life. This report reveals that many older people are denied the simple pleasures that most people take for granted. New findings also show that 40% of over 65s feel that their social life is restricted by a lack of money, with just over a third (35%) admitting they cannot afford to spend a day out with friends or family and one in three (33%) saying they cannot afford to go out for a meal, enjoy a night at the pub with friends, or entertain friends or family at home. Even pursuing a hobby or leisure activity is out of the question for just under a third (29%) and a 41% say a holiday is simply unaffordable.