Over-50s could be heading for a retirement full of financial troubles, as a new report reveals which age groups will be hit the hardest by the cost of living crisis.
Edinburgh University's Smart Data Foundry conducted research that found economic inactivity rates have risen by a third for those aged 50 and above since 2019, reports the Daily Record. The findings have also discovered that people aged 50 to 54 could experience double amounts of financial vulnerability compared to those aged 70 to 74.
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