The aim of this study is to highlight inequality among elderly. The study increase the understanding of poverty and financial vulnerability in elderlies life. This study describes what their living conditions look like for themselves and what their financial situation can have in their everyday lives and consequences. The aim is to understand the patterns and paths that lead to financial vulnerability in retirement. Seven retired people in the age between 65-80 years were interviewed. The result shows that there are large differences in income between men and women when retired. Some of the main reasons for this are that the women have worked unpaid by living as housewives and taking a bigger responsibility for children and the home. The unpaid work has had an impact on the income when retired and affected their living conditions. The majority of the respondents answer that planning and limitations are needed to cope up with everyday life as retired person. Some of the respondents have to continue to work extra after retirement to succeed financially. Generally the finances of the elderly are worse after retirement than before and this has negative consequences, it will not get better when they are retired as many of them thought, but they still manage to get their lives to work out even if they have limitations in their everyday life. Gender, individualization and social exclusion are used to analyze the results in the essay.