Caregiver Monitor Q2: Thinking ahead is looking ahead

Do you ever worry about your old age? You are not alone. This is according to the Caregiver Monitor conducted by Beep for Help. Every quarter, Beep for Help carries out independent research among more than a thousand people over 50. This gives us insight into their concerns and expectations. This time, the subject was the current and future financial situation.

Concerns about old age remain high

The 'Talk Today about Tomorrow' campaign, initiated by ActiZ and the Ministry of Health, Welfare and Sport, emphasizes the importance of talking about aging. It turns out that six in ten people over 50 worry about their old age. People over 60, in particular, have become more uncertain about the future over the past three months (32 percent).

Financial uncertainties after retirement

No less than 48 percent of people over 50 are afraid of financial problems after retirement. Women are particularly concerned about this (50 percent).

A rainy-day fund is not a given

How do men and women handle their finances? Research shows that women are better at managing daily finances, while men are more likely to make future financial plans. Our research shows that two out of three men have an extra savings pot in addition to their state pension and retirement fund. Unfortunately, women are less likely to have a financial buffer.

Impact of inflation on your disposable income

Add inflation to that, and the picture of the future unfortunately becomes even more unsettling. In 2022, inflation was 10 percent, the highest since 1975, due to factors including the corona crisis and the war in Ukraine. Inflation is also fluctuating in 2024. For example, sixty percent of Dutch people over 50 expect to have little money left over for leisure activities.

Thinking ahead with Beep for Help

All in all, it is quite a difficult subject, those financial worries about later.

Of course, it is not just about money for fun things, but also about having the money to live your life the way you want. And perhaps you won't be entirely self-reliant later on and will need a bit more help? In that case, you don't want to have to wait a long time, but rather call in people yourself who can help you.

How Beep for Help contributes

At Beep for Help, we try to remain affordable while doing justice to the value of the help provided by Superhelpers. (Beep for Help retains 10% of the income for operational costs, and no less than 90% goes to the Superhelpers). We hear that some people even save up to use Beep for Help for the things that really need to be done. Feeling that you have control, with a little help from Beep for Help, turns out to be worth its weight in gold to these people.

We sincerely hope that people over fifty start talking about the future and prepare for later life, allowing everyone to stay in control of their own choices. Could you use an extra pair of hands around the house? We're here for you. Book home help right away via this link.

Would you like to read the Q2 Informal Care Monitor? Click here 

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