Pensions - Articles - Most popular retirement bucket list of experiences


As Kylie Minogue, Daniel Craig and Hugh Jackman celebrate their half-century in 2018, the UK’s over-50s share their plans for living life to the full with a retirement bucket list of experiences and events

 With more than half of over-50s having already fallen in love, married, bought a house and had children, one in four believe they should also have attended a music festival, learned a language and read 100 books.

 Once we reach the big 5-0, the travel bug bites with over-50s planning to experience all seven continents, throw coins in the Trevi Fountain and visit a volcano as part of their retirement bucket list.

 Once, these were experiences many people could only dream of, but an average three-fold increase in house prices over the last 20 years means many can now turn their £20,000 bucket list dreams into reality.

 The research commissioned by over-50s specialist SunLife reveals that almost one in four (37.4%) people living in the UK have achieved all they wanted, with one in six admitting they have no future ambitions.

 More than a third (38.85%) believe life really does begin at 50, and almost half those questioned (47%) agree there is still much to accomplish in their lives.

 SunLife’s Director of Marketing, Ian Atkinson, said: “For many, 50 is a milestone age when you not only look back and take stock but start planning new adventures and experiences.

 “While a third of people in their 60s and 70s say they try and save their money to pass on as an inheritance, far more would rather enjoy it now.

 “Having worked hard, many believe 50 is the point where their life is just getting started. In other research, we discovered that eight out of ten people age 55 and over will use assets such as property wealth to live a fulfilling and enjoyable retirement, with one in four (27%) admitting they would invest in a holiday of a lifetime”.

 For one in four, seeing the Northern Lights tops the £20,000 retirement bucket list of things to do once you are aged 50+, while one in ten plan to visit all seven continents and ride in a Venetian gondola.

 More people in their 70s plan to throw a coin in the Trevi Fountain, while those aged 50-55 are five times more likely to ride an elephant than a Vespa.

 But nine in ten people have at least one regrets: and not seeing enough of the world is the most common.

 MOST POPULAR THINGS PEOPLE PLAN TO DO NOW THEY ARE 50

 …AND HOW IT ADDS UP 

 

Back to Index


Similar News to this Story

PPF marks 20 years of protection in its Annual Report
The Pension Protection Fund (PPF) has published its 2024/25 Annual Report and Accounts, marking its 20th anniversary with a year of strong financial p
DC pensions continue to back Net Zero despite ESG backlash
Barnett Waddingham’s latest DC Sustainability Report finds a 34% increase in allocations to funds with a climate target in the growth stage since orig
Chancellors focus on guided retirement for pensions savers
Ahead of the Mansion House speech to be delivered by UK Chancellor Rachel Reeves on the evening of 15 July, Glyn Bradley, Chair of Pensions Board at t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.