A new study done in Delhi shows that networks with family, neighbours, friends and close ones were significantly associated with happiness (life satisfaction) of the older people in urban area.
There is a significant association between the social network and life satisfaction of the older persons. Networks with family, neighbours, friends and confidants were significantly associated with happiness of the older persons in urban area. The average happiness score was higher for the older persons whose network with, neighbours, friends and confidants were higher compared to those who had a lower network.
Hence it is important for individuals to also focus on building a strong social network along with building a retirement (monetary) fund for safe and secure old age.
Reference: Kumari, D., Yadav, J., Kamal, V. K., & Verma, R. K. (2021). Role of Social Network on Life Satisfaction among Older Persons in Delhi, India: a Structural Equation Modelling. Ageing International. https://doi.org/10.1007/s12126-021-09411-3
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