50’s and 60’s Have Been The Most Affected By The Credit Crunch

The financial crisis has left many people in financial difficulty, but it would seem that those who have been most affected are those who are aged between 50 and 60.

An in-depth report from The Saga Group showed that people between the ages of 50 and 60 are most likely to be affected by rising costs because of a fall in savings and unemployment.

“While many of those who have already retired are enjoying decent pensions and have paid off their mortgages, those in their 50s are enjoying no such peace of mind, the report makes clear. “

Click on the link below to read the article in full on The Telegraph website:

Those aged 50 to 60 worst hit by financial crisis