Contrary to popular belief, a new study suggests a forehead free of wrinkles or a full head of hair aren’t necessarily the keys to happiness.

People over the age of 50 are generally happier, wealthier and more carefree than they’ve ever been – receding hairlines and all – according to a new survey reported on by The Independent and Business Insider.

The study – conducted by an unnamed financial services company – examined the circumstances and worldviews of 50,000 fifty-somethings and found that, on average, they felt physically four years younger and mentally 10 years younger than their actual age.

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A hefty 61 percent of those surveyed said they were enjoying life more than ever thanks to the additional leisure time afforded by their fifty-something years. Since turning 50, more than half of respondents had been travelling, one in five planned to learn a new language, and one in 10 was eyeing learning how to play an instrument. Many surveyed also said that they wouldn’t feel ‘old’ until the age of 77.  

Offering some insight on what was so great about being over 50, one 51-year-old woman in the study said: “I seem to enjoy the little things in life a lot more - appreciate art, nature and simply being at home, on the sofa with a herbal tea, vegging out and not feeling guilty about it.”

Point Baby Boomers. 

h/t The Independent, Business Insider