The future of pensions in the age of life extension is a complex and multifaceted issue that will require the collective effort of governments, financial institutions, and individuals to navigate successfully
cast your mind into the future when advances in science, nutrition and health care begin to take hold and extend our lifespans. It will be a time when age 80 won’t mean falling prey to the typical decline of mind and body that we normally associate with old age. Instead, he suggests we’ll be healthy, energetic and willing and able to keep learning – and keep working.
Essentially in every crucial area that retirement planning makes assumptions, dramatic changes are coming. I believe that how we think about and plan our retirement is about to be completely undone.
In a world of radically extended life expectancies, the risk of running out of money in your lifetime increase dramatically. Time to think ahead!