More than a quarter of Irish adults are struggling financially, according to the latest Family Finances Report from Aviva.
The survey, conducted by Red C, found that the equivalent of one million adults were finding it difficult to make ends meet.
More than two thirds of them see no prospect of an improvement in their personal circumstances.
New report claims more than 25% of Irish adults struggling financially pic.twitter.com/MlUT9OABwK
— RTÉ Business (@RTEbusiness) June 27, 2017
The survey found that the problem was worst among those aged between 35 and 54, who are more likely to be burdened with higher debts, childcare and education costs.
However, things appear to be more positive for those aged under 34 or over 65.
A higher proportion of these groups live comfortably and a larger number of them are optimistic about their situation improving in the near future.
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Asked to describe their current financial circumstances, 28% or the equivalent of one million adults, said they are struggling.
27%, or 965,000 adults, said they are living comfortably.
A further 45%, or 1.6 million adults, said they are getting by financially.
The study found that middle age is the pinch point, with 40% of 45 to 54 year olds saying they are struggling.
It found that the most fortunate are those over 65, 44% of whom are living comfortably.
