The age profile of our society is changing rapidly. The number of people aged 65 and over will increase by more than 40% within 20 years, and the number of households where the oldest person is 85 and over is increasing faster than any other age group.
But millions of us risk missing out on a good later life, with 16% of people aged 65 and over living in relative poverty.
In July 2018, following an extensive and collaborative process, we launched a bold vision to transform people’s experience of later life. Our new strategy, Transforming later lives, has a specific focus on helping people who are currently approaching later life – almost a quarter of the population – and particularly those who are at risk of missing out on a good later life.
We want more people to be in fulfilling work, in good health, living in safe, accessible homes and connected communities.