THE over 55s are embracing a ‘pay-as-you-go’ life-style as a result of they do not need to be tied right down to any commitments – together with relationships.
Analysis of 1,000 over 55s discovered that regardless of the notion of older generations searching for a extra settled and safe lifestyle, almost half (47 per cent) choose to be versatile with their commitments.
Solely 13 per cent are devoted to at least one particular sports activities staff, lower than a fifth are dedicated to their job and, staggeringly, greater than half say they aren’t even dedicated to their relationship.
In actual fact, almost a fifth of the age group would go as far to say they lead an easy-going bachelor or bachelorette life-style, and almost a 3rd (32 per cent) have little interest in getting married in any respect.
The research was commissioned by Bulb to have a good time the launch of its Smart Pay As You Go providing.
Bulb co-founder, Amit Gudka, mentioned: “It’s nice to see over 55s embracing a life-style with fewer commitments and extra choices for flexibility and spontaneity.
“Whether or not they’re managing their private funds or topping up their vitality on the go, it is clear the over 55s are searching for extra freedom to manage their on a regular basis spending.”
The research additionally discovered this care-free perspective to life has seen 21 per cent stop their job spontaneously and 16 per cent make the impulsive determination to dye their hair.
An extra 14 per cent have inked themselves with a tattoo, and 19 per cent have purchased a brand new automobile on a whim.
It additionally emerged almost a 3rd of over 55s will not be tied right down to any month-to-month subscriptions.
Greater than six in 10 (62 per cent) wish to have the flexibleness to vary issues as and once they please, whereas a fifth wish to reside spontaneously and decide within the second.
Almost two thirds of over 55s (63 per cent) mentioned that having the ability to pay for issues at their very own tempo additionally helps hold their spending habits below management.
And having the ability to handle their private funds remains to be vital to 92 per cent of the age group.
Amit Gudka added: “After we based Bulb, we recognised the significance of offering our clients with a easy, straightforward technique to handle their vitality with out being tied right down to lengthy, rigid commitments.
“In addition to being 100 per cent renewable, Bulb’s Sensible Pay As You Go is versatile, accessible and inexpensive.
“You’ll be able to prime up straight by way of the Bulb app from wherever at any time and keep in management whereas looking for the planet.”