Tight budgets prevent retirees from enjoying their lives

Only a third of retired people say a shortage of money never prevents them from doing the things they would like to do.

The latest report from the Irish Longitudinal Study on Ageing (Tilda) focuses on the relationship between retirement income and quality of life.

Examining 8,000 people aged over 50 in Ireland, the research found individuals in households with higher incomes experience a higher quality of life.