State of Wales briefing – older people and the cost of living

People

What this briefing is about

Older people are often thought to be relatively unaffected by the cost-of-living crisis, as a result of state pensions being ‘triple-locked’ and many older people having low housing costs.  While many surveys and analyses indicate that the impact of the high inflation has been less severe on this age group than others, a substantial minority of people aged 50 and over are struggling with high prices and low incomes.

This briefing analyses the data from the Bevan Foundation’s latest survey commissioned from YouGov and published it its Snapshot of Poverty report. It looks at findings for people aged 50-64 and people aged 65 and over, and considers their overall financial position, as well as the extent to which they have difficulty affording specific items, are in debt, and are concerned about their housing.

Access to the briefing is a benefit of a subscription to the Bevan Foundation. Please contact us if you would like to know more.