Youngest baby boomers risk becoming a ‘forgotten generation’ with inequality skyrocketing and financial pressures worsening

According to a new report, 'Boom and bust?', people in their 50s and 60s today – the tail end of the post war baby boom – are at risk of becoming a ‘forgotten generation,’ facing greater challenges than those who were the same age in 2002.

The report finds that one in five people in this age group – some 2.6 million people – will most likely experience an old age marred by multiple, long-term problems such as poor health and poor finances, and will be at risk of loneliness and isolation.

Poverty is already on the rise amongst this group, with those in their 50s and 60s seeing a greater rise in poverty than younger age groups since 2010.

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