With the end of the year fast approaching, 2018 brings us a range of new opportunities, but if you want to start planning your retirement for the new year then you need to read this handy guide. Perhaps you want to retire to somewhere different or you simply want to know where the best retirement spots across the UK, we cover it all in this helpful guide.
Retirees can look forward to decades of active living, but the big question is – where? With the help of Oxford Tube Times, we discover some of the best retirement hotspots in the UK.
Breaking the statistics down by regions shows how the amount of people retired has been affected by the increasing statement age. Overall, 16.4% of the UK is retired, a result of people living longer. However, this has been impacted by the increasing state retirement age, which is set to continue to steadily increase over the years.
According to research from Prudential, when it comes to people putting their feet up, the South West has the largest retirement percentage with 19.6% in total. Wales follows closely behind with 18.4% and the East of England with 17.5%. Clearly, retiring to the south of the country is a popular choice.
Despite this general trend, London had a low retirement percentage at 11.1%, which underlines that the bustling city isn’t for everyone.
Best places to retire
Although retirement can be a wonderful time in our lives, it can also be a stressful time in a person’s life as there are so many options and routes that can be taken. So we’ve looked at some of Britain’s best places to retire based on activities in the area, transport links and what the community is like.
Chichester, West Sussex
Chichester is one popular location for retirees, bringing an idyllic vision to life. With Georgian architecture throughout the city, it’s full to the brim with culture and art. Regular markets are held in Chichester, bringing together residents on a regular basis and endorsing the region’s community spirit.
Located in the south, the city has great transport links to London and Gatwick, allowing those in retirement to venture in and out of the capital if they want to immerse themselves into a busier culture or to even jet around the globe on their next holiday.
To spend your years by the seaside, look no further than Cromer in Norfolk. With sandy beaches and colourful buildings, you’ll wake up with a smile on your face every morning. This town is famous for its long pier, home to the Pavilion Theatre. The theatre is host to regular productions, highlighting the town’s enthusiastic arts culture with productions from all over the country. The town has good transport links into and out of Norwich, including buses and rail.
Newcastle upon Tyne, North East
If you’re looking for a place full of smiling faces, Newcastle upon Tyne might be your best bet! Named the happiest place to live in the UK by the European Commission, there’s no reason why you wouldn’t be able to enjoy many days of relaxation in this city.
Whatever you’re interested in, the chances are that Newcastle has it – from the Baltic Art Centre to over 300 cafes and pubs and more than 92 parks and churches to visit during your time off. If you’re looking to venture out of the city, Newcastle is well placed to travel north to Scotland or further south.
What makes a good retirement?
Retirement can be very daunting as it is something that none of us have previous experience in, therefore it can sometimes be difficult to know the key ingredients that make up a happy retirement. However, some make complete sense and are achievable by any retiree.
One of the main factors is affordability; you want to enjoy your retirement and not have to worry about your finances, so you can treat yourself from time-to-time. You should also consider what’s going on in the area you want to retire too – if you’re a social person, you don’t want to move to a place where there isn’t much going on!
So, where will you be retiring to? A coastal area with a great view of the beach? A city with all the essentials you need? Or a rural village where you can enjoy regular walks in the sun?