Why the World Needs to Rethink Retirement [The New York Times]
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Source: The New York Times
Image Community leaders in Tokiwadaira, Japan, organized monthly lunches for those living alone, a program intended to reduce isolation and the risk of lonely deaths. Credit Credit Ko Sasaki for The New York Times By Katie Robertson Dec. 4, 2018 The golden years look very different depending on where in the world you are, and, increasingly, which generation you are in. Aging populations and decreasing birthrates are spurring countries across the globe to reassess how retirement works — and what needs to change in order to extend the benefits available today to future retirees. Many are not optimistic. Nearly half of those surveyed in a recent report by the Aegon Center for Longevity and Retirement say future generations would be worse off than those now in retirement, partly because people are living longer. According to the United Nations, the number of those over 60 worldwide is expected to double by 2050 to 2.1 billion . In the 1950s, t
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