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19% of the over 50s say they haven’t saved enough money for retirement and 18% said they married the wrong person

• Nearly one fifth of over 50s in retirement could be in a dilemma after failing to save any form of next egg

• 18% said they married the wrong person

• 12% of over 50s save GBP3,600 per year more than in their 40’s

• A quarter of over 50s feel most content at 52

LONDON: November 24th 2014: New research out today can reveal that 19% of the over 50s say they haven’t saved enough money for retirement and 18% said they married the wrong person.

The top ten regrets of the over 50s were identified in research undertaken by

Top Ten Regrets of the Over 50s

1) Nearly a quarter (23%) said they hadn’t seen enough of the world
2) 19% said they didn’t save enough money for retirement (2.4m GBP)
3) Almost the same amount (18%) said they married the wrong person
4) 17% said they never told their parents how much they meant to them
5) 16% chose the wrong career,
6) 16% said working long hours/spent too much time at work
7) 15% said they didn’t spend enough time with their children
8) 15% claimed they worried too much about what other people thought
9) 15% wished they had learned to play a musical instrument
10) 15% regretted not asking their Grandparents more about their life before they died

But despite these worrying regrets, the over 50s are feeling quite sprightly with a third saying that happiness is more important than money and a quarter revealing they feel most content at the age of 52.

52 is the age of contentment
Over half (58%) said that they are more experienced and can deal with many more situations, over a third said they prize their spouse above all else and a quarter feel up to 14 years younger. In fact 45% said they feel more youthful than their parents did at the same age.

However financially they are not in such good shape.

Nest eggs are getting smaller
Half of the over 50s polled said that financial security is their most important personal goal but only 12% had saved more in their 40s (GBP3,600). Perhaps surprisingly this age group seems financially unprepared with 28% of over 65s saying they have no nest egg saved.

The 50–55 age group is slightly better off with 25% having saved up to GBP10,000 and 17% having saved up to GBP50,000. This isn’t so surprising when you consider that over 2/3rds of the sample where never given any advice on how much to save when they were in their 30s and 40s.

Despite this, they remain optimistic and aspire to travel the world.

Travel is a priority
Of those who have saved something for retirement almost 1/3 would like to spend it on travel while 1 in 5 would use it to retire early. Additionally, almost a quarter (23%) said that their biggest regret was not seeing enough of the world.

This is reflected in the over 50s Bucket List:

1) Just under a quarter would like to cruise the world
2) 17% would like to fly first class
3) 15% dream of living abroad
4) 14% would like to have grandchildren
5) 13% yearn to go on safari in Africa or travel to the USA
6) 12% would like to fall in love again
7) 10% are fond of the idea of swimming with dolphins
8) 10% think of themselves as a novelist and would like to have a book published
9) 9% wish to see their football team win the League
10) 7% see themselves as the boss and would like to run their own company

Martin Lock CEO, said: “The over 50s have reached a point where they feel more confident about themselves and indeed almost a quarter feel 14 years younger than their age. However, our research shows they may not have the money to really enjoy these years. We created Silvercard+ to give the over 50s a really user friendly way to benefit from great discounts and maximise their spending power. This group are savvy shoppers, 61% said they double check multi-buy offers in shops to make sure they really do offer better value and that’s why the Silvercard+ offers straightforward money-off discounts. There is no other card that offers such comprehensive discounts, deals and offers for this market. Silvercard+ fulfills an unmet need.

“Silvercard+ is a discount card specifically designed for the over 50s, which gives them access to exclusive offers and deals from retailers, travel companies, airlines, hotels, technology and entertainment companies which have been specifically negotiated for this audience by We know that travel is a high priority so we have some particularly good discounts and offers in this category..”

Silversurfers Silvercard+ is free for a limited period and is available from

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Notes to Editors

Survey methodology:
1,000 over 50s were surveyed online in a study managed by Mortar London.

About Silvercard+ and
Silvercard+ is the only over 50s discount card in the UK and it has been created by Following the launch offer, the card will cost £12 per annum. is a unique and informative lifestyle website and social network exclusively for the online community of over 50s. The site was developed by an experienced team all aged over 50 in response to the growing number of internet users aged over 50, which currently stands at over 15 million. The management team has extensive knowledge of the digital world. Commercial, editorial, marketing, sales and digital expertise is supported by a diverse board which is guiding the business’s rapid growth. is a trusted and friendly online community environment providing news, reviews, features and offers from leading brands. Key sections include: Silvercard+, Speakers Corner (where visitors can vote and comment on a large range of subjects), “Best of The Web” (a round-up of useful websites covering over 200 topics ranging from health and wellbeing, travel and finance to cars, technology, sport and gardening) and Silverfriends, an online friendship site for the over 50s.

Its widely-used community and social media sites (the largest UK over 50s social media Facebook site with over 154,000 followers with average interaction rates up to 2 million per week) provide an integrated social experience for users who want to meet new friends, connect with old friends and share information online.

For more information please contact:

Denise Pritchard, Marketing Director,
T: +44 (0) 208 133 4211 M: +44 (0) 7917 700 017 E:


Holly Ward, 07950 315411
Emma-Jo Jones, 07796 934230

This press release was distributed by ResponseSource Press Release Wire on behalf of Forge Communications in the following categories: Leisure & Hobbies, Home & Garden, Personal Finance, Travel, for more information visit