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Seaside Towns - not first choice for retirement

The Dramatic rise in the number of over 65s forces changes in retirement lo

 

 

Seaside towns no longer retirement destination of choice for wealthyaccording to a report in the Teelgraph. Comfortably off pensioners are retiring to the Cotswolds, and parts of Hampshire and Kent, have become the destination of choice instead of the traditional seaside resorts.
 
The change has been driven by an increase in the number of people reaching retirement age, along with rising levels of wealth, according to the analysis of demographic data.

In 1945, life expectancy at birth for men and women was 63 and 68 respectively. It is now 78 and 82.  his dramatic increase, ensures that by 2019 there will be 2.4 million more than over 65's than there are today.

Read the full article in the Telegraph using the link below.

 

Sources:
The Telegraph