According to Age Concern, pensioners don't have enough money for basic treats, like a meal out, after paying their bills.
The charity has claimed that 40% of those aged over 65 believe that their social lives are limited by a lack of money, and 35% said that they could not afford to spend money on a day out, let alone a holiday.
Our view
This is sad. It is a fact that many have not saved enough and indeed there are still many working people today who do not save enough, have a 'live for today' attitude and will retire in poverty.