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HomeFinancial PlanningUK adults ‘really feel outdated’ of their 50s or 60s

UK adults ‘really feel outdated’ of their 50s or 60s



How outdated do you’re feeling? Brits are most certainly to begin feeling outdated once they attain their 50s or 60s, in accordance with new analysis revealed at present.

The Aegon Monetary Priorities Survey 2024 confirmed that 20% of individuals begin ‘feeling outdated’ of their 60s. That was carefully adopted by 19% feeling outdated of their 50s.

Towards that, 14% of young-at-heart respondents claimed that they had 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a surprisingly excessive variety of 9% of constructive folks stated they don’t assume they may ever really feel outdated.

Steven Cameron, director of pensions at Aegon, stated: “Not so way back, folks tried to consolation themselves that moderately than being previous your finest, ‘life begins at 40’. Then there was a interval once 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 at present will stay to nearly 100.

Mr Cameron stated that no matter how outdated or younger you’re feeling, “it’s important that we individually and collectively think about in direction of how we plan for and navigate this part of life.”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 stay TV reveals, 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’d give our youthful self if we may journey again in time. Given a spread of choices, greater than half – 51% – stated they might inform themselves to “begin saving as early as attainable.”

Different in style 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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