From April 2015, over-55s in the UK will be able to withdraw all of their pension in one go and use it for whatever whim they desire. Whether an extension on the house or a long, leisurely cruise, many seniors will get hold of a pot of cash that'll enable them to afford some later-life luxury.

The post-uni backpacking trip is a rite of passage for many young adults – a chance to explore distant lands and make new friends. But as students struggle to balance their wanderlust with rising tuition fees, something strange has happened on the traveller trail; it’s now filled with Boomers.

While you're discussing books and drinking wine you could also be bettering your health. People who engage in social activities like book clubs after retirement are proven to live longer. Regularly meeting friends and chatting can bring down the risk of death in the six years post retirement.

As Boomers approach retirement with time and money, they’re longing for adventure, with some hopping on a chopper; in 2014, 3,000 over-50s gained a UK motorbike licence. Saga bought motorcycle insurer Bennetts to tap into this market, but what’s driving over-50s to the open road?