Support on this site for Internet Explorer 9 and Internet Explorer 10 will end on April 18, 2018. You must update your browser prior to then to continue accessing and UBTgo Online Banking. Learn More Here >>

The Happy Retiree

May 04, 2016

Retiring Your Way


Growing old isn’t always easy. There’s the financial uncertainty of living on a fixed income; health problems may become more acute; hearing and vision tend to weaken; and stamina tends to wane.

Despite these obstacles, it turns out that the oldest Americans may be the happiest Americans. The Gallup organization surveyed 340,847 people, ranging in age from 18 to 85. The study was prepared by professors at Stony Brook University, Columbia and Princeton.

In the survey people were asked to rank their life satisfaction on a scale of 1 to 10. They were also asked whether, on the day before the survey, they had experienced enjoyment, happiness, stress, worry, anger or sadness. Analysis of the data revealed some surprising patterns in life satisfaction as people age:

  • Stress and anger decline steeply through the 20s.
  • Worry is elevated through middle age.
  • Happiness and enjoyment decline gradually until age 50, then increase.
  • Sadness is essentially flat through the life cycle.
  • Men and women have substantially the same well-being through the life cycle.

Overall, well-being seems to decline from age 18 to age 50. At that point, life satisfaction begins improving, and it keeps on improving into and through retirement. According to the study, 85-year-olds are happier than 18-year-olds.

The study did not try to determine what factors contributed to the happiness during aging. It might have been related to whether the person had a partner, to employment status, to financial security, or it could be an inherent element of aging. Exploring those questions was left for future researchers.

Reach a Happy Retirement!

We want everyone to become happy retirees at some point in life. Check out our What’s Your Retirement Vision? questionnaire to help you get a handle on whether you are really ready for retirement and the major life style change that’s required.

© 2016 M.A. Co. All rights reserved. Any developments occurring after January 1, 2016, are not reflected in this article.

Back to Top

Add new comment

This blog article is for informational purposes only, and is not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal or tax advice. Please consult with your own tax, legal, and financial advisors.