Older individuals consider they’ll dwell considerably longer than youthful individuals

A survey of 2,000 adults has found that those aged between 35 and 44 believe they’ll live until 81, while those under 24 think they’ll only reach 76. However, those over 65 are more optimistic, estimating a lifespan of 84 – the highest of any age group. Interestingly, one in six Gen Z adults are unsure if they’ll even reach retirement.

The study also revealed regional differences, with those in the South West having the most pessimistic outlook, believing they won’t see their 80s (79 years old), while those in the East of England expect to live five years longer (84 years old).

Surprisingly, men believe they’ll live longer than women, predicting an average age of 82 compared to 80, despite women typically outliving men. The study also found that 65% of all respondents sometimes or often contemplate their own mortality.

A spokesperson from over 50’s life insurance brand British Seniors, which commissioned the study as part of its funeral report, said: “The research has revealed a fascinating look into these predictions and differences between gender, location and age group. Such conversations are becoming more open than ever as well as discussion of how you’d like your funeral to look.”

The study also discovered that 53% of adults have discussed the age they might reach with friends, with a third even claiming they’ll outlive them based on their predictions.

However, 34% believe they’ll surpass the average life expectancy for their gender. The top reasons include leading an active lifestyle, not smoking and keeping their brain active, as well as having good genetics and family history.

According to data from OnePoll.com, 28% think it’s beneficial to have a target age in mind. Despite these predictions, 59% are concerned about wasting time and not making the most of life.

The most popular life approaches included maintaining balance (37%), living life to the fullest (20%) and taking things slow and steady (16%). When it comes to planning for the end, 23% have some or all plans in place for their own funeral.

A quarter don’t want any fuss for their send-off, while 20% are content with whatever their loved ones decide. Further findings from the brand’s Funeral Report revealed that 21% have discussed their own funeral with someone else. And 35% of those over 65 have shared their preferences with someone.

A spokesperson from British Seniors commented: “The study has shown that some adults do have thoughts in mind of how they’d like their send off to look. Our recent funeral report details the costs attached to different types of send offs and how many have planned for their own or arranged someone else’s.”

“Such conversations can feel tricky, but having plans in place can ensure your loved ones are looked after when you’re no longer around and they can ensure you get the funeral you deserve. Insurance can play a key role in ensuring friends and family are protected from unexpected costs.”