Now is the perfect time to plan your bucket list.

 

The lockdown and associated travel restrictions have got many of us dreaming of happier times.

 

New research found that over 50s are desperate for the ban on overseas travel to be lifted, allowing them to once more tick world travel off their bucket lists.

 

Insurer SunLife spoke to 3,000 over 50s, asking them to share their bucket list details.

 

The top items listed included holidays, big-ticket purchases, and learning a new skill.

 

Among the most popular bucket list holiday destinations were America, Australia and New Zealand.

 

Top attractions the over 50s want to visit include the Northern Lights and Elvis Presley’s home, Graceland.

 

The big-ticket purchases sitting on most bucket lists were a new home or a new car.

 

Over 50s also want to acquire new skils, including learning a new language or playing a musical instrument.

 

Other bucket list goals included giving up smoking and drinking, but also experiences like skydiving and meeting an idol. Popular bucket list idols to meet included The Queen, Bruce Springsteen and Sir Cliff Richard.

 

Other bucket list goals for over 50s include trying lobster, watching their home nation win the World Cup and reading War and Peace!

 

Ian Atkinson, marketing director at SunLife, said:

 

“For many, 50 is a real milestone age; people tend to look back and take stock of everything they’ve done or achieved so far and then look forward to all the things they still want to do, and apparently for most people, that is go on a dream holiday!

 

“Sadly, for most, that isn’t possible at the moment, so it might be that over 50s need to look at some of their other bucket list goals for now. High on the list is bettering themselves, either by quitting bad habits, or starting new good ones. So while holidays may be off the table, lockdown could provide a good opportunity to quit smoking, or start running or even write a book!”

 

The research found that three-quarters of over 50s believe they have more time to do the things they want, and 70% can think about themselves more.

 

Thinking about these bucket list items is an essential part of Financial Planning, as often it is money that facilitates travels, experiences and big-ticket purchases.

 

What's on your bucket list and do you have a plan to make it happen?

 

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