A New Definition – That Time Between 65 and Old

In The Economist series: “Getting to grips with longevity” Sacha Nauta, contributes with the opinion that a new definition and approach is needed to address the growing +65 population. One that dismisses the out of date notion of 65 as old and is replaced by the new healthier, longer living group.

a new stage of life is emerging, between the end of the conventional working age and the onset of old age as it used to be understood.

Here is an opportunity to turn this group into active financial participants.

Making longer lives financially more viable requires a fundamental rethink of life trajectories

This special report will argue that a radically different approach to ageing and life after 65 is needed.

• Need for new retirement “vehicles” that offer flexibility
• +65 workers want to continue working and being productive
• The group is not considered by employers or financial institutions.
• A rethinking is needed to gain widespread adoption

Link to the full article: Getting to grips with longevity

Photo by: Sebastiaan1978