A lot of young people are angry at what they see as an older generation robbing them of their future by voting to leave the EU. But it's not the future, it's now -- figures this week reveal just how much of the national pie is being taken by today's retired people.

In 1994-95 the median net income of the average pensioner was 38% lower than those who were working for a living. In a staggering change, the median income of pensioners is now just 7% less than those in work.


The problem is that the reforms suggested so far fall on today's working generation. For example, the age at which you will qualify for the state pension is rising steeply. That's an inevitable consequence of improved longevity, but one that will hit people in their late 50s, especially women, hard, not the existing retired.

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