Even ten years ago you’d have been laughed at for suggesting it – but there are several reasons why a London retirement is becoming more palatable, even desirable for those approaching the end of their careers and the start of the leisure years. The number of people aged over 65 projected to rise by over 40 per cent in the next 15 years to over 16 million. By 2040, nearly 25 per cent of people in the UK will be aged 65 or over – according to AgeUK. Figures like these show how the city could grow in appeal for a demographic that have traditionally gravitated towards the well-worn seaside retirement towns of the South East and South West. It’s not for nothing that Eastbourne is known as God’s waiting room. As the number of over 65s increases, retirees will need to think creatively if they want to avoid the obvious candidates for relocation and make the most of the continued good health and comfortable pensions that many of today’s retirees now enjoy.
Ed Mead
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