1 / 4 of individuals within the UK might be over 65 by 2050

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One in 4 folks within the UK might be aged 65 and over by
2050, a rise from roughly one in 5 in 2018, official figures
present.

The figures from the Workplace for Nationwide Statistics (ONS)
estimate that in 50 years’ time, there might be an extra eight.2 million folks
aged 65 years and over within the UK – a inhabitants roughly the dimensions of present-day
London.

Helen Morrissey, pension specialist at Royal London, stated
though this brings challenges when it comes to how this older inhabitants could be
supported “we should not fall sufferer to kneejerk reactions to handle this
scenario”.

“Whereas folks keen and capable of work must be
inspired to take action we should not put folks ready the place they’re
successfully pressured to work in jobs they’re bodily unable to do. We want
long-term pondering, not knee-jerk reactions,” she argued.

The information additionally reveals that after many years of enchancment
to life expectancy, there was a slowdown in enchancment. Life expectancy
at start remained at 79.2 years for males and 82.9 years for females in 2015 to
2017.

Sarah Coates, within the centre for ageing and demography at
the ONS, stated: “The construction of the UK’s inhabitants is altering: folks dwelling
longer and having fewer kids means the age construction is shifting in the direction of
later ages. The methods through which folks stay are additionally altering with cohabiting
households the fastest-growing household kind and extra younger adults dwelling with
their mother and father.”

In 2018, there have been 19.1 million households dwelling in
the UK, of which the quickest rising kind is cohabiting couples. Since
2008, there have been an extra 700,000 cohabiting couple households – a
development charge of 25.eight%. In the meantime, extra younger adults reside with their
mother and father. 

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