Longevity​

We are living longer than ever before. That can mean more time for the people we love, new experiences and the freedom to pursue what matters most. It also makes it more important to plan for the future with confidence.

Our Life100+ research explores how people across the UK feel about longevity, financial security and later life. The findings point to a positive, practical message: setting goals, building financial resilience, talking openly with loved ones and getting support can all help us feel more in control.

Longer lives, more possibilities

On average, people expect to live to 85, but say they would like to live to 90. Nearly half, 47%, feel positive about living to 100.

It is understandable to have concerns too. Health, independence, quality of life and the possibility of money running out all feature strongly. Planning for a longer life is not about predicting every eventuality. It is about creating more choices and reassurance for the future.

A greater sense of control

Our research found a strong relationship between feeling in control and feeling satisfied with life.

People in their 40s and 50s are most likely to feel under pressure, often balancing work, family responsibilities, housing costs and retirement planning. Satisfaction tends to rise again in later life.

What this means for you: you do not need to have everything mapped out. Taking one manageable step, such as reviewing your pension, putting money aside or discussing a future goal, can help turn uncertainty into a plan.

Set goals that matter to you

Our priorities naturally change as life moves on. Buying a first home, starting a family and building a career may come first. Later, retirement, supporting loved ones and making time for the things we enjoy can take centre stage.

The research shows a clear link between goal setting and optimism. While 45% of the UK population thinks life will improve, this rises to:

A goal can be personal, financial or family-focused. The important thing is identifying what matters and taking the next step.

Planning for a longer retirement

Living longer could mean funding more years in retirement, but 41% of people who have not yet retired are unsure how much they would need to generate an additional £20,000 a year alongside the State Pension.

Your needs will be personal, depending on factors such as your health, household, plans and other income or assets. However, the research suggests that, in some circumstances, a pension pot of £300,000 or more may be needed to provide this level of annual income.

Savings can help build confidence

Savings can offer greater flexibility for unexpected costs and future plans. The research found that reported life satisfaction rose alongside savings and investments.

Even small, regular steps can help build financial resilience over time.

The value of family support

Support between generations can mean childcare, help with a home deposit, care, practical or emotional help, or simply time together.

Almost seven in 10 people, 69%, who had received a substantial financial gift said they were satisfied with life. Support is not only given by younger generations: 21% of people aged 65 and over still provide practical help to their children.

Whether you are giving or receiving help, clear conversations can make sure support works for everyone and fits with wider financial plans.

Talking about the important things

Money, inheritance, care and end-of-life wishes can be difficult subjects to raise. But avoiding them can leave loved ones uncertain about what you want and how to help.

Only 49% of UK adults have discussed their intentions or wishes with loved ones. Yet 72% of people who have discussed their plans with beneficiaries are satisfied with life, compared with 58% who have not. Similarly, 55% of those who have had these conversations say they feel in control of their lives, compared with 40% who have not.

A first conversation does not need to cover everything. You could begin with:

• What matters most to you in later life?
• Where are your important documents kept?
• Do you have a Will that reflects your wishes?
• Have you considered a lasting power of attorney?
• Are there any care, inheritance or gifting preferences your family should understand?

These conversations can help reduce misunderstanding and enable loved ones to act with confidence when it matters most.

Put wishes into practice

A Will and a lasting power of attorney can help protect your wishes and make things easier for those close to you. However, only 39% of adults have written a Will and just 15% have set up a power of attorney.

A Will sets out what should happen to your estate after your death. A lasting power of attorney lets someone you trust make decisions if you cannot. Legal and financial guidance can help you decide what is appropriate.

Advice can help turn intentions into a plan

Family and the internet are common sources of financial information, but professional advice can provide tailored support around goals, retirement, protection, estate planning and intergenerational wealth.

Just over half of people, 54%, have used some form of professional advice, while 23% have used an independent financial adviser. The research found an association between using an independent financial adviser and higher reported satisfaction and control:

These results show an association, not proof that advice causes these outcomes. Speaking to a regulated financial adviser may help you understand your options and decide what action is right for you.

Take your next positive step

Life100+ is not about reaching a particular age. It is about making the most of the life ahead. Start with what feels achievable: set a goal, review your finances, have a conversation or seek support. A small step today can help give you greater confidence for tomorrow.

Continue your Life100+ journey

Further resources

Important information

This information is intended as a general guide only and is not personal financial, legal or tax advice. Consider taking appropriate financial, legal or tax advice before making decisions about retirement, savings, investments, gifting, inheritance, estate planning or family support.