500,000 over 90 in UK

10/10/2014

According to the World Bank the UK population is 64.1 million. Data released by the Office of National Statistics last month shows that about 500,000 are 90 or more. Is this an astonishing testament to the quality of life in the UK? Or a growing concern for an increasingly indebted government?

Those who are 90+ have been one of the fastest growing segments of the population over the last 30 years, increasing by more than 2.5 times. Even more astonishing is the fact that the number of those over 100 has increase by 4.5 times over the same period. More work for the Queen writing all those birthday cards.

Woody Allen is quoted as saying, ‘Money is better than poverty, if only for financial reasons.’ These figures tell me the quantity of my life is likely to be greater than my parents or my grandparents. The quality is down to me. If I have my health, I want to be able to afford to do stuff. If I am sick, I am going to want to be treated. These things cost money and so it makes sense to me to put something by for the future as there may be more of it than I had previously thought. I guess if I have more future to provide for I should put more aside. No one ever complained about having too much money.

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