Isle of Wight top retirement spot in UK (for now)

Although the top spot at the moment, trends are changing and those yet to retire have different priorities a new report reveals.

Ventnor cascade

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.

Source

Image: © Used with permission of Mike Vallender

Tuesday, 5th March, 2013 11:21am

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Filed under: Island-wide, Isle of Wight News, Top story

Any views or opinions presented in the comments below are solely those of the author and do not represent those of OnTheWight.

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8 Comments on "Isle of Wight top retirement spot in UK (for now)"

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greenhey
My wife comes from Ventnor and me from Merseyside, but I have been coming to the island since the 70s. We are retiring now, and will move to be near the sea ( currently live near Oxford). There is so much about the island we love, but I couldn’t deal with living on the island. For a start, if you want to go anywhere you have to… Read more »
tryme
I’d be interested in what you mean by the narrow-mindednesss, greenhey. I lived for years in a large UK city & have met many others here similarly. And loads of us travel all over the world while based here. Without evidence it sounds like one of those sterotypes (that arise about any area). And every time I’m on the mainland I am reminded that there is nothing… Read more »
Don Smith

Only set back is the ferry – If you are concerned about health care reside nearer to St Mary’s – The best health care in the UK.

The locals are friendly and easy to get on with. If the ferry puts you off, consider Devon or Dorset.

Personally I would never leave the IoW; the wife would see to that:-)

pallance

I would say to anyone who thinks we are narrow minded on the Island to exercise their right to go back to where they come from.

davimel
Islanders are not any more narrow minded than anyone else in my experience. I accept SOME folk can take some getting used to, but isn’t that the same everywhere? There are also a few xenophobic Islanders who should be avoided, but you can’t fail to spot them,,, they are the ones who sit in the same seat in the pub night after night having the same conversation… Read more »
greenhey
I should explain a bit more, then. I haven’t been comning to the island as a tourist.My first wife’s mother lived in Wooton, and I visisted their and her social circle for amybe 10 years. My wife now comes from Ventnor.We have been married for nearly 20 years, and we are over there 4-6 times a year, and not staying in hotels.We were there for a month… Read more »
tryme
Maybe it’s because we like where we live! There’s an argument that it’s healthier to be involved in ‘real life’ locally, something you can take part in & influence; rather than try to live life elsewhere at second hand, as though another section of society’s life is more important than your own. Plenty of people here do join up with stuff in the cities & take a… Read more »
tryme

(I meant, vibrant)

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