Home Financial Planning UK adults ‘really feel previous’ of their 50s or 60s

UK adults ‘really feel previous’ of their 50s or 60s

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UK adults ‘really feel previous’ of their 50s or 60s

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How previous do you are feeling? Brits are probably to begin feeling previous after they attain their 50s or 60s, based on new analysis printed right this moment.

The Aegon Monetary Priorities Survey 2024 confirmed that 20% of individuals begin ‘feeling previous’ of their 60s. That was carefully adopted by 19% feeling previous of their 50s.

In opposition to that, 14% of young-at-heart respondents claimed that they have been nonetheless feeling youthful into their 70s. In the meantime, a surprisingly excessive variety of 9% of constructive folks stated they don’t assume they may ever really feel previous.

Steven Cameron, director of pensions at Aegon, stated: “Not so way back, folks tried to consolation themselves that reasonably than being previous your greatest, ‘life begins at 40’. Then there was a interval if you’d hear ‘50 is the brand new 40’ – so maybe one other approach of taking a look at this analysis is that 60 is now the brand new 40.”

With the truth that, on common, folks within the UK reside longer, there might be a grain of fact in what he stated. It’s now estimated {that a} quarter of all youngsters born right this moment will dwell to virtually 100.

Mr Cameron stated that no matter how previous or younger you are feeling, “it’s very important that we individually and collectively think about in direction of how we plan for and navigate this part of life.”

Jonathan Bland, head geek at Pension Geeks, stated: “In our expertise of going into workplaces and doing lots of of dwell TV exhibits, we’ve by no means ever met somebody who has any remorse of saving an excessive amount of into their pension on the time of retiring or getting close to to it.”

The survey additionally checked out what recommendation we might give our youthful self if we may journey again in time. Given a variety of choices, greater than half – 51% – stated they’d inform themselves to “begin saving as early as potential.”

Different standard recommendation included caring for our well being, at 42%, and to fret much less about what others assume, at 33%.

* The analysis was performed amongst 2,000 UK adults, weighted to be nationally consultant standards. Fieldwork dates twelfth – seventeenth January 2024 by Opinium.




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