WITH the cost of living on the rise, new research by Churchill Retirement Living has found that 21 per cent of retired adults in Yorkshire are considering a part-time job to keep afloat.

The research of 1,500 retirees also found that 17 per cent of those in the Yorkshire are currently considering downsizing, and 16 per cent have already done so

Churchill’s Regional Marketing Manager, Bernadette Hennelly, said: “The cost-of-living crisis is affecting everyone, and it doesn’t discriminate by age. People in all walks of life are feeling the pinch and as the research has shown, those who have retired may not be as likely to have a mortgage, but they are certainly seeing the price of everyday goods and services rise like everyone else.

“As a result, people are looking at new ways of maintaining a comfortable lifestyle. It’s only natural to weigh up your options when finding yourself in living in the current financial landscape.

"And downsizing your home is one option that can make life a little easier financially by reducing maintenance and upkeep costs but maintaining a great quality of life and the opportunity to make new friends.”

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