Saga, the over-fifties financial services specialist in the UK has reported a sorry state of affairs for the older generation in Britain.
Saga, the over-fifties financial services specialist in the UK has reported a sorry state of affairs for the older generation.
An insight into the health insurance schemes and policies as promoted by the Government.
Inflation has gone up by 70 per cent in the past two years. 43 per cent of this age group do not have regular employment and surviving on government dole. 63 per cent have expressed their unhappiness over the rising cost of living, while 54 per cent are worried about falling incomes from savings. All these concerns have led to the cut down in expenditure.
With dwindling pensions, and the threat of permanent unemployment facing them, they face a life of penury. And experts are voicing their concern over the consequences that this would have on the economy.
As Charles Davis, economist at CEBR, remarks: “As the UK’s population of people over 50 continues to grow it is imperative their concerns are understood.” 
Baby boomers are still in the habit of turning to drugs and prescription medicines, a study has revealed.
A new survey has revealed that Baby Boomers are gloomier than young people and seniors about their lives and the prospects for improvement.
As the baby boom generation goes through another rite of passage at 65, America must gear itself for economic, social and cultural changes that this would bring.
