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The importance of a home team as we get older

Posted on 18 September 2018

Whatever our age, our wellbeing depends on having people around us who care. But does having our family and friends close by become more important as we get older? And how does the line-up of our home team or the people we surround ourselves with change over time?

Who’s on the home team?

Everyone’s home team is different. They can be our family members, friends, our colleagues, or a mixture of all of them. But whoever they are, they’re there for us through the good times and the bad.

They’re the people who support us and motivate us – and are the ones we turn to in our hour of need.

three generations of family sitting on the sofa

Why do we need to keep them close?

Everyone always needs close family and friends for support and to confide in – without them we would end up making wrong decisions or finding it hard to cope when times are tough.

The people closest to us are always there, through the good times and the bad. Even when we take our stress out on them, they will still be there to pick up the pieces.

Your home team are the people you can rely on to be at the other end of the phone when you need them most. They listen to you moan for hours on end, and still don’t complain.

Whoever it is that’s always there for you – remember they contribute to your life more than you’ll ever know. Your well-being, happiness and memories are all because of those close to you.

How do our relationships change?

Family ties will always be important, but generally the older we get, the more we want our family around.

It may be that the tables have turned and you need your children to help out - with DIY around the house, shopping or getting out and about.

Or even if you’re still looking after the grandchildren regularly, it becomes more important to you to make long-lasting memories with them.

Living close to your family is ideal but not always possible. It can be difficult to maintain a close-knit family when you live miles apart and lead busy lives.

But the older we get, the closer we want to be. Our family becomes even more important and having them around on a daily basis makes all the difference, especially in retirement.

The importance of friendships also grows as we get older. Our circle of friends usually becomes smaller but stronger, these friendships have stood the test of time and will last forever.

Friends have to support each other in different ways as they get older. It may be emotionally or physically – either way you’ll need those friends close-by.

grandmother and granddaughter baking together

What else changes who we have around us?

After retiring, friendships with colleagues can sometimes fade away. Other friends may move away or even pass away. As the people around us change, so do we.

Many people get involved with the local community or do charity work to meet new people and make a difference.

Whether it’s joining in to support a local event, volunteering at a charity shop or taking up a new hobby – there’s so many different places we meet new people later in life.

If you’ve lived in your home for some time, you may have seen neighbours come and go. Whilst your home stays the same, your home team and those you surround yourself with may not.

But is that why we love our homes? Because they’re always there and only change if we want them to?

When we asked over 55s, 60% said they would prefer to stay in their own home than move.* Whatever happens as we get older, the thing that won’t change is the fact that there’s no place like home.

*SunLife, A comfortable retirement – on the house, February 2018

Find out more about The SunLife Over 55 Equity Release Service

For more information and to check your eligibility, call on 0800 633 5566 or request a call back.

Here's the information that you need to know about who we are and the other companies that we work with in order to provide our products and services.

Who are SunLife?

Phoenix Life Limited trades as SunLife and is the provider of the Guaranteed Over 50 Plan, SunLife Insurance and the life insurance policy payment option for Funeral Plans. Phoenix Life Limited’s registered office is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 1016269). 

SunLife Limited distributes financial products and services and is a company limited by shares, registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 05460862). SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (registration no. 769427).

You can contact us by post at SunLife, PO Box 1395, Peterborough, PE2 2TR or by phone on 0800 008 6060.

If you choose to add Funeral Benefit Option to your Guaranteed Over 50 Plan, Dignity Funerals Ltd arranges and provides the funeral services, registered office: 4 King Edwards Court, Sutton Coldfield, West Midlands, B73 6AP (registered in England and Wales, No. 00041598). Dignity Funerals Ltd is a member of the National Association of Funeral Directors.

Who provides the Funeral Plans?

Dignity Funerals Ltd arranges and provides the funeral services, registered office: 4 King Edwards Court, Sutton Coldfield, West Midlands, B73 6AP (registered in England and Wales, No. 00041598). Dignity Funerals Ltd is a member of the National Association of Funeral Directors.

The life insurance policy that pays for your funeral will be provided by Phoenix Life Limited, trading as SunLife.

Who provides My Smarter (ISA)?

My Smarter (ISA) is provided by Scottish Friendly Asset Managers Limited. Authorised and regulated by the Financial Conduct Authority. Details can be found on the Financial Services register, registration No. 188832. Member of The Investment Association. Registered Office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ.

Who provides the Will writing services?

Hugh James is authorised and regulated by the Solicitors Regulation Authority (SRA Number:303202).

The information contained on this website is based on Hugh James' understanding of the law of intestacy in England and Wales only as at April 2014. The law in Scotland and Northern Ireland is significantly different. This is for information purposes and is not intended to be legal advice.

Who provides SunLife Pet Insurance

SunLife Pet Insurance is arranged and administered by BDML Connect Limited. BDML Connect Limited is authorised and regulated by the Financial Conduct Authority (No. 309140). Registered in England and Wales Number 02785540. Registered Office: 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB.

Who provides SunLife Home Insurance

SunLife Home Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.

Who provides SunLife Car Insurance

SunLife Car Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.