“Although people in their 60s report greater life satisfaction compared to those in their 40s, these averages conceal big inequalities.
“What’s worrying is that this new data shows things like self-reported health and economic activity are also crucial in determining how satisfied we are with life. A recent report by the Centre for Ageing Better, The State of Ageing in 2019, showed many people are at risk of ill-health and financial hardship in later life.
“More must be done to make sure everyone has the good health, financial security and social connections that mean we can be satisfied with later life.”