People over 50 spend three quarters of their income on overhead, food and medicine

In Hungary, people over 50 spend more than three-quarters of their monthly income on overhead, food and medicines, nine percent of their earnings are spent on leisure activities, and two percent are spent on savings – the 4Life Direct insurance intermediary survey reveals. The survey was sent to MTI on Friday.

The representative survey was carried out on behalf of the 4Life Direct insurance intermediary company, commissioned in March 2017. The survey was sought to find out how people over 50 spend their monthly income, what savings they have, and do retirees have other sources of income in addition to the pension salary. (MTI)