Happiness is not really constantly as simple as we ‘d like it to be.
And when it come to senior citizens, it might boil down to one specific selection they make with their cash.
Wes Moss, the primary financial investment strategist at Capital Investment Advisors and host of ‘Money Matters,’ talked to over 1,300 senior citizens in 46 states.
He details the findings of his study in his book, ‘You Can Retire Sooner Than You Think: The 5 Money Tricks Of Pleased Retirees,’ where he discusses the qualities and trends he observed among the happiest senior citizens, from how they think to what they do every day.
He even examined exactly what they drive.
Among all those aspects, there’s one pattern that Moss highlights: Pleased retired people live smack in the middle of their offered resources.
‘When it pertains to house values, getaways, dining establishments, cars, and shopping, delighted retired people have discovered the sweet area in the middle,’ Moss writes. ‘Absolutely nothing low-rent, but not high-end either. They are not spending lavishly– but they are also not denying themselves. They’ve actually struck a balance that’s right for them.’
Research has found that it’s not just how much cash you invest, however the way you decide to invest it, that most affects your happiness levels. Senior citizens who are not having a hard time under unnaturally strict budget plans, or broadening their spending to soak up each dollar available, are most likely prioritizing the things that imply the most to them, and cutting back on spending where their dollars indicate the least– a technique that could benefit any of us.