Mandatory retirement ages are mostly a thing of the past in Australia. Removing the last vestiges of this practice is one way to address the problem of Australia’s ageing workforce.
A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
Loneliness shortens our life spans and some studies suggest it’s even more lethal than obesity. We are physiologically and psychologically primed for connection, so don’t shrug off your loneliness.
By 2050, over 36% of Europe’s population will be 65-plus, leading to a shortage of professional and informal caretakers across the region. Coordination on elder care may be the EU’s best bet.
Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.
Many of us barely glance at our own superannuation account balances, so it’s reasonable to predict that only a tiny fraction are likely to go to a super fund annual meeting.
Any significant decline in home ownership or equity in a home impacts higher care needs: older people will not have an asset to sell to fund the bonds required to enter aged care accommodation.
South Africa might want to consider raising its retirement age to 70 to cope with a challenge of an ageing population that’s under-insured and relying on an already pressured public purse.