Population ageing is a global phenomenon and a well-established trend. Back in 2015, it was estimated that there were 901 million people aged 60 years and over worldwide - 12.3% of the global population. By 2030, it is predicted that this will have increased to 1.4 billion or 16.4% and by 2050, to 2.1 billion or 21.3% of the global population (ons.gov.uk).
As the population ages, the ratio of non-workers to workers increases. For example, in the early 2000’s in the UK there were approximately 4 working age individuals (aged 20-64) for every 1 person aged 65 and over. By 2056 this ratio is predicted to fall to about 2:1. So what are the financial, lifestyle, and health implications for retirement in the post-Covid world?
Michael Nuschke is a retirement futurist, writer, speaker, and a contributor to the Fast Future book, Aftershocks and Opportunities 2 - Navigating the Next Horizon.
You can listen to the podcast on YouTube by clicking below, or on the Anchor podcast platform.
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For information about the book “Aftershocks and Opportunities 2 – Navigating the Next Horizon” see the Fast Future website.
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