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Pensioners Are Struggling Says Age UK
09/05/2011
It has been recently reported in the National Press that 47% of over 60s class themselves as just getting on with a further 11% finding it difficult to find ends meet each month. These figures are taken from a study conducted by Age Concern who also reported that 20% of people cut back on heating this winter in order to make ends meet.
Up to 10% of pensioners are in debt through mortgages, credit cards or bank loans. To keep afloat they are going out less and economising on food.
Homeowners aged over 55 years who are only just getting by and would like to know how much money the value of their property could release to increase their income, can find out by contacting therightequityrelease.co.uk for equity release advice.
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