An increasing trend of over-55s embracing adventurous travel has been identified, according to new research.
- 42% of over-55s describe themselves as adventurous, indicating a cultural shift towards travel among this demographic.
- Retirees are not only getting more adventurous with age, but they are also increasing their travel frequency.
- A significant portion of retirees plans to visit multiple countries, with cruising being a popular mode of travel.
- The trend highlights a financial prioritisation of travel, with many retirees setting aside funds specifically for holidays.
An increasing trend among retirees over the age of 55 has demonstrated a newfound adventurous spirit, as revealed by recent surveys. Over two-fifths of this demographic now consider themselves adventurous, marking a cultural shift towards travel and exploration.
Recent data highlights that 37% of retirees consider themselves to be more adventurous now than in their earlier years. A substantial portion of retirees (29%) noted a higher frequency of travel since retirement compared to their working years, reflecting a lifestyle change post-retirement.
Cruising has emerged as a favoured means for retirees to explore multiple destinations. Approximately 35% of those surveyed expressed a preference for this mode of travel, which allows them to immerse in various cultures and environments efficiently.
Financial planning for travel is now a priority for many over-55s, with over a quarter of them already having designated travel savings. The average spend on holidays in 2024 is projected at nearly £5,000 per person, with dedicated travel funds averaging £14,000, suggesting a deliberate allocation of resources towards fulfilling travel ambitions.
James Moss, a journey experience co-ordinator, highlights this trend as the rise of the ‘golden gap year’, primarily embraced by over-55s whose retirement has provided them the opportunity to pursue travel more vigorously. He notes that this group is eager to explore, learn, and enjoy new experiences, fundamentally taking advantage of their newfound freedom to discover new horizons.
The rise of the ‘golden gap year’ indicates a strong trend of retirees prioritising travel to fulfil their adventurous aspirations post-retirement.
