New Study: Secure Fiscal Status One of Best Aspects of Aging

SENIORLIVING.ORG

October 2020 - Happiness and success look different for everyone, but are there generational trends? And as we age, is there a possibility that Gen Z-ers and Baby Boomers could be looking forward to the same things?

To find out, SeniorLiving.org (https://www.seniorliving.org) surveyed the Silent Generation, Baby Boomers, Generation X, Millennials and Generation Z to compare expectations and realities of aging, the best aspects of one’s current age by gender, and specific hopes and fears of young adults.

Secure fiscal status was the second-rated positive aspect by members of the Silent Generation (about 30 percent), while just over 20 percent of Baby Boomers put this in their top three.

The report can be found at:

“We asked people in their 20’s to their 80’s what’s so great about aging,” said Jeff Hoyt, editor-in-chief of SeniorLiving.org. “Studies have shown there’s a serious happiness shortage in the U.S. (and it’s getting worse because of the pandemic), but if the respondents in our survey are any indication, the best years may still be ahead.”

Key findings include:

  • More than four in five seniors report their “satisfaction with life” is the same, better or much better than they expected as youths.

  • For all but one gender/generational slice, travel is the most looked forward to aspect of aging.

  • Spending time kicking back is the best aspect of getting older, though generational differences are major.

Again, SeniorLiving's analysis can be found at: https://www.seniorliving.org/health/satisfaction-happiness-aging/

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