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Ageing population will have less money to spare for children
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PostPosted: Fri Oct 30, 2015 8:34 am 
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Location: Hampshire
An increasingly ageing population means the elderly will have less money to spare for children and grandchildren, experts have warned.

New official estimates suggest that more than one in 12 people will be aged 80 or over in 24 years’ time, with the average UK age lifting from 40 years old to just less than 43 by 2039.

The proportion of people in pensionable age is expected to rise by nearly a third from 12.4million last year to 16.5million by 2039, according to data. Read more


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