Some good news for those hitting 70 this year, it seems that many 70 year olds are happier now than they were at 60, according to researchers at the MRC Unit for Lifelong Health and Ageing at University College London
The National Survey for Health and Development which has followed the lives of 3,000 people born in 1946, found that they felt more cheerful, confident, optimistic, useful and relaxed as they entered their seventies.
This was in spite of the fact most reported suffering from at least one condition such as a bad back, arthritis and high blood pressure.
The findings mirror recent statistics from the Office of National Statistics covering data from 2012-2015 which found that those aged 65 to 79 years old are the happiest in Britain – with life satisfaction, happiness and feeling that life is worthwhile all peaking in this age group.
The researchers suggested that balancing work and family commitments may contribute to lower levels of happiness for those in their middle years, but by the time people retire they have more time to spend on activities that are good for their sense of well-being.
People do on the whole seem to be more optimistic about getting older these days and increasingly want to spend their retirement doing things they have always wanted to do such as traveling to far flung destinations.
Research we conducted earlier this year with people over 50 suggested that over 70% want to travel more when they retire, with more than a third (37% wanting to travel at least 2-3 times a year.
Making the most of retirement is something we should all be aiming to do so it’s important to plan now to make sure you have the finances in place to enjoy a long and happy retirement. For many this could mean downsizing and freeing up capital in their home.
Not only does this give people a little bit more money to spend it also frees them up to enjoy life free from all the worries that go with owning a home, such as unexpected repair bills and upkeep costs.
Take a tour of our website to see some of the current retirement properties that are available to rent.