Building up Assets for the 100-Year Life
"A child born in a rich country today has a very plausible chance of living to 100; while this increase in life expectancy has been happening for decades, we continue to structure our lives the way our parents or even grandparents did. Unless deep seated social change occurs then a longer life is a gloomy prospect, making longevity a curse and not a gift."
— Andrew Scott, Co-Author, The 100 Year Life
In 2018, Earth became home to more people aged 65 years and over than children under five, for the first time ever. The 50-plus population now represents four generations, including the Baby Boomers and Generation X. By 2031, the 50-plus population will include millions of Millennials; Generation Z will begin to join the cohort in 2047.
This growing aging demographic has long been generating concern that this will weaken economic growth as the number of people of working age declines and governments...
