Compare this to the ‘Thriving Boomers’ who make up 21% of people aged 50 and over, where over three quarters (77%) gave high scores (of 9-10 out of 10) when asked the same question.
This segment are likely to be in their 60s, are living with a partner, retired and, as they’ve paid off their mortgage, they have more disposable income which they can spend on holidays and social and cultural activities. They have a strong network of family and friends and people they feel they can rely on – all of which help create a more fulfilling later life.
This stark contrast in the three key dimensions of wellbeing that our research identified – health, financial security and social connections, is quite alarming. But the work we are doing at the Centre for Ageing Better aims to tackle these dimensions head on.