We’ve earned our retirement, say over 50s
21 January 2013
More than 85% of over 50s living in the UK believe they have earned the right to enjoy their retirement, according to a new survey by leading retirement property developer, McCarthy & Stone.
A lifetime of hard work, raising the next generation and paying into the system all featured highly as reasons why the over 50s felt their retirement years should be their own to enjoy. And when it came to making the most out of later life, travel (24%), increased leisure time (31%) and spending more time with family (18%) topped the wish list of respondents.
But while many are looking forward to a more leisurely pace to life, a third felt anxious about their retirement years, as they faced the realities of getting older. More than 60% said they were worried about financial constraints, 28% felt they would have a reduced sense of purpose and 27% feared they’d become lonely and isolated.
Sam Turner, Group Marketing Director for McCarthy & Stone, commented:
“As the UK’s leading retirement developer, we believe that later life can be rich, rewarding and hugely fulfilling. Our survey reveals that while the overwhelming majority of over 50s share this belief, and feel they have earned the right to enjoy their retirement, many will embark on this new phase with trepidation.“We recognise this, which is why all our developments are designed to offer purchasers an independent, low maintenance lifestyle so they can focus on the good things in life, whether that’s seeing the family more, travelling or learning a new skill.”
McCarthy & Stone is currently selling a range of purpose built, privately owned one and two bedroom Later Living and Assisted Living apartments at developments across the UK. As well as offering a low maintenance lifestyle, purchasers can benefit from maintained landscaped gardens, shared facilities, personal care and support services plus the peace of mind of added security. Prices currently start from £150,000.
In addition to offering age exclusive apartments, the retirement property developer also provides a range of financial services, including a pension annuity service, equity release, legal services and guaranteed funeral plans.
To find out more, call 0800 919 132.
Notes to editors:
At McCarthy & Stone everything we do is built around a belief that later life can be rich, rewarding and fulfilling. We believe it is an opportunity to rediscover the things you love and explore new territory. Helping people make the most of it is our purpose and our passion, so on a daily basis we strive to think differently and care more about transforming later life.
Over the past 35 years, we have become Britain’s leading provider of retirement apartments, pioneering the concept of purpose-built accommodation for older people. We provide 70% of this type of accommodation, having built more than 45,000 apartments in 1,000 different schemes. We also have a range of financial and estate management products and services specifically designed to help people live later life to the full.
We offer a choice of different types of retirement developments that includes Later Living and Assisted Living. Our Later Living developments offer the independence of retaining home ownership while living in an apartment specifically designed for later life; provide more time to embrace the possibilities of later life through reduced maintenance and admin, as well as peace of mind and companionship. Assisted Living developments offer all of this, plus a helping hand through flexible care and support packages that make life that little bit easier.
McCarthy & Stone offers the widest variety of award-winning one and two bedroom apartments that are for sale in over 200 locations across the UK.
For further press information:
Haslimann Taylor PR
0121 265 7070