Nearly three million over-65s are struggling to cope with bills and everyday expenses, an Age UK report has found.
While latest government figures show 800,000 pensioners are living in ‘material deprivation’, the charity’s report has warned a worrying number can’t even afford a basic standard of living.
Last year the number of pensioners living below the poverty line rose to 1.9 million – with 945,100 retirees stating they would not be able to replace a cooker if it broke down.
Over 1.2 million added that they have no access to a car and can’t afford a taxi to get around – including to hospital appointments.
A further 286,300 revealed they routinely worry about monthly bills – and are struggling to manage a life out of the red.