James Coleman 

by James Coleman

The full extent of the financial crisis facing the over 50s in the New Year has been highlighted in an exclusive survey for Mature Times.

Of those questioned, 65 per cent believed they would not be better off in 2012, only 22 per cent were confident they would be able to save and money worries were cited, by far, as the biggest daily grind, ahead of arthritis and even loneliness.

In a similar vein, topping the wish list for the “best thing to happen” over the next 12 months, a huge 67 per cent wanted cheaper utility bills, followed by financial security, better pensions and an end to overseas conflict.

Commenting on the survey Michelle Mitchell, Charity Director at Age UK, said: “There are many pensioners whose incomes are failing to keep pace with the rising cost of living.

“Rocketing bills mean that household budgets are already stretched to the limit and many older people will be finding it difficult to afford the basics let alone anything else.

“We recommend that any older person who is worried about their bills should contact the Age UK advice line or their local Age UK to see if they are eligible for pension credit or any other benefit.”

Our survey also showed just how much contact with offspring and grandchildren is valued by the over 55s. Asked what would make a good present for the New Year, seeing children (35 per cent) was considered more important than better healthcare (19 per cent).

Positives

There were, however some more positive spots in the nationwide survey of 1000 men and women which was conducted exclusively for Mature Times by the leading poll company, OnePoll.com.

According to the results, 2012 will be the year the mature sector gets fit. More than 45 per cent pledged to exercise more, 41 per cent to eat more healthily, while 43 per cent vowed to travel more and 26 per cent to pursue a hobby.

And a huge majority – almost 80 per cent – declared they were ready for the digital TV switchover in the year ahead.

Finally, there was good news for grandchildren. Almost twice as many grandparents (nine per cent) would rather have a new grandchild than...a new pet.

Age UK advice line: 0800 169 6565

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