If you were looking for somewhere in the UK to spend your retirement years, you’d probably want to find a spot where the pace is slower, the views are greater and the risk of crime is lower.
Where better than the Isle of Wight? Indeed that’s what many retirees also thought.
Pensions research carried out by LV= (Liverpool Victoria Insurance Co) shows that the Isle of Wight tops the table as a retirement destination for pensioners, with 41.88% of residents claiming the state pension here.
All to change?
LV= say ‘retirement revolution’ is underway. Despite the top ten retirement destinations currently being by the sea, those who’ve yet to retire have different priorities.
The research revealed that they hold being close to amenities such as a good public transport network (43%), access to bars and restaurants (30%) and culture and entertainment (27%) far greater than proximity to the sea (19%).
It’ll be interesting to see how this pans out over the next twenty years or so.
Image: © Used with permission of Mike Vallender
