Christchurch Is Retirement Capital
13 September 2013, 09:26
Christchurch has been named as the country's retirement capital.
Stats out show it has the biggest concentration of pensioners living there in the UK.
Analysis of official census figures found that three in ten people living in Christchurch are retired.
Tower Hamlets in London was found to have the lowest proportion of retirees in the UK, with just one in sixteen of people there who are pensioners.
The proportion of pensioners living in Christchurch is almost double the national average of sixteen per cent.
Vince Smith-Hughes, retirement expert at Prudential, said:
''Perhaps unsurprisingly, there's a tendency for people to move out to the country when they stop working, where property prices can be lower and the quality of life is often thought to be higher.
However, people planning to stop working shouldn't assume that a move to the country is the simple answer to a comfortable retirement, as the cost of living in these hot spots can be surprisingly high.''