Retiring in Ireland may seem like a dream come true for some, with its stunning landscapes, friendly people, and rich culture. However, as the cost of living in Ireland continues to rise, retirees are facing a whole new set of challenges. The need for higher pensions has become a pressing issue for many elderly individuals who are struggling to make ends meet.
One of the main challenges faced by retirees in Ireland is the rising cost of healthcare. With the average age of retirement being 66.9 years old, many retirees are dealing with age-related health issues that require expensive medical treatments. However, the state pension in Ireland is currently at €248.30 per week, which is not enough to cover the increasing costs of healthcare. As a result, retirees are forced to dip into their savings or rely on their family for financial support.
Another challenge for retirees in Ireland is the high cost of housing. As property prices continue to rise, many retirees struggle to find affordable and suitable housing options. This puts them at risk of losing their independence and being forced to rely on social housing or family members. Additionally, the lack of suitable accommodation for elderly individuals also leads to social isolation and loneliness.
With these challenges in mind, it is evident that retirees in Ireland need higher pensions to support their quality of life during their golden years. The Irish government must address this