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longer livesMarketWatch
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74% Informative
Economics professor Andrew Scott says we need to prepare today for the possibility of living longer.
In his new book, “ The Longevity Imperative ,” Scott maps out how longer lives create opportunity as well as responsibility.
A child born today in the U.S. has a 50% chance of living to age 95 .
We need to find ways to support people being healthier and productive for longer, says Scott .
From age 50 to the state pension age, lots of people drop out of the labor market, he says.
Scott: Government is trying to stretch that out and say you’re going to work for longer.
He says the concept of an aging society is really a negative topic.
People who are engaged, who have a reason to get out of bed, have a purpose — they live longer and they're happier.
The challenge of retirement is that we have so many people entering that age group.
For some people, a traditional retirement will work, but for others, it will differ wildly for different people.
VR Score
80
Informative language
79
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68
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English
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26
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