SunLife’s new Life Well Spent report has found the best ways to use your money when you’re over 50 for the happiest life. And it’s not buying a flash new car, spending it on plastic surgery or putting it all on red.
The happiest people over 50 spend an average of £3,180 on holidays abroad that last around 18 days. This is £608 more than the average for all people over 50, who’s breaks last around 15 days.
In the UK, the happiest take shorter breaks (7 days versus average of 9 days) but do spend £48 more overall. The findings suggest that holidays abroad are better for long-term happiness, whereas staycations are a better short-term boost.
