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Brits' Wish List

Last updated: 15 Feb 2008
Wish List

What would you do differently if money wasn't an issue?

A recent survey by Selftrade, an organisation that raises awareness about the importance of saving for retirement through investments showed that one in four of the British working population would have chosen a different path in life had they known they would be financially secure in retirement.

At a time when many Brits are striving for better job satisfaction, the survey asked 2,742 people: if you had started adult life knowing you would be financially secure in your retirement, how would this have influenced your lifestyle and what would you have done differently in your youth?

More than one in three admitted they would have felt more relaxed over their careers and would have chosen not to work full time.

One in four would have also tried to give their children a better start in life had they not had their own financial future to worry about, mentioning they would have liked to have saved more for their children.

The survey also revealed what the people of Britain wished they could do:

Brit's Wish List

Travelling the world came top for those who said they would have lived their life differently – revealing a nation of wannabe Sir Frances Drake's. One in two Brits said they would have liked to have taken more time to explore the world (48%) had it not been for a lack of money.

Over one in three (35%) said they would join the hundreds of thousands of Brits who have already bought a second home in the sun**, and more than one in three (35%) admitted they would have opted to live more for the moment.

One in five of the more academically minded said they would have preferred to have stayed in education longer (20%).

One in four believed they would have been healthier had they not had to worry about money (24%).

One in ten people in the UK said they would have taken more time to enjoy playing sport (9%) had they not been looking to secure their retirement. 

The Wish List according to Age

The pressure for 'family time' is clearly an issue with many parents working long hours to create a sound financial future for themselves. One in five 25 to 34 year olds admits they would like to spend more time with their children (19%)

One in three people aged 35 to 44 say they regret not saving more for their children (34%), paving the path to an easier financial life for them.

Over one in two (54%) people between the ages of 25 and 34 would have taken more time out to travel before or after university.
Looking back on their life, one in ten people over 55 admitted they would not have got married so young (10%).