Researcher discovers a universal slump in life satisfaction.
- In 132 countries, a clear U shape is seen in happiness in the late 40s.
- The study controls for influencing factors in arriving at its conclusions.
- Three possible reasons for a post-middle-age return to happiness are suggested.
Charity and volunteering not only benefit the recipient but help you become happier and healthier in the new year.
- Most New Year's resolutions are self-directed and enjoy a failure rate of about 80 percent.
- Research has shown that selfless giving can enhance happiness, improve your health, and even extend your life.
- Resolving to help others can help you keep your resolution this year.
The key? Focus on flavor.
It's not the act of buying but how you spend money that improves happiness and life satisfaction.
- To prove money can't buy happiness, people point to millionaires and lottery winners who ruined their lives.
- Psychological studies have shown that learning how to spend your money can improve overall happiness.
- We explore eight money-spending principles that research suggests can bolster life satisfaction.
We're living longer than ever, but few of us will save enough to afford this historical boon.
- A person reaching 65 today can expect to live into their mid-80s, many into their 90s.
- A 30-year retirement requires a nest egg of more than $1 million, yet 77 percent of American households fall short of such savings and investments.
- Experts recommend several strategies for affording a longer life, such as pushing the retirement age back to at least 70.