People over 85 to quadruple in 30 years, CSO finds

Most older people live in a home they own without a mortgage to pay, a sizeable number of over 65s still have a mortgage with more than 27,000 people paying one off

32.3% people aged 65 and over are living well as they consider their life satisfaction to be high compared to just a quarter of people aged 25 to 49 years.

The number of people in Ireland aged 85 and over is projected to almost quadruple in the space of 30 years to 389,400, according to the Central Statistics Office (CSO).

In recent analysis of the lives of the country’s older people, the CSO said that the old age dependency ratio, which expresses the number of people aged over 65 as a percentage of working age adults, is expected to increase significantly at the same time.