Inflation is hurting people in their 50s due to low wage rises and housing costs

Older people are being hit by inflation as living costs rise. Photo: Getty

Inflation is affecting older people, with 80 per cent of 50-plus respondents surveyed by National Seniors and Challenger saying they are feeling the impact.

Some 90 per cent of those responding were “concerned” about keeping up with living costs while a smaller group was “extremely concerned”.