November 2022
16Nov

Age for starting savings for pension drops in China

The average age for starting saving for a pension dropped sharply in China from 38 to 35, according to a survey on the prospect of China's elderly care released by Fidelity International and Ant Fortune on Tuesday, the Paper reported. Perceptions on and behaviors for retirement planning continue to improve when China's personal pension policy landed as a third pillar to support the country's pension system with the basic endowment insurance as the first pillar, and the enterprise annuity as...

November 16, 2022
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14Nov

Time to address declining birth rates in the Middle East

Strong economies rely on the right combination of population demographics, skill sets and resources to achieve remarkable performance. However, in recent years, many countries have recorded alarming, record-low birth rates, with dire and multifaceted consequences. To illustrate the gravity of this issue, countries need a replacement rate of 2.1 children per woman to maintain a stable population size. Nonetheless, in 2021, the fertility rate in many countries was below this figure. For instance, Australia recorded 1.7 births per woman, while...

November 14, 2022
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07Nov

These are the World’s Top 10 Retirement Destinations for 2023

World-renowned author and overseas retirement expert Kathleen Peddicord selects top retirement destinations plus a bonus list of the top 5 ‘Jet Set Destinations’ the leading resource for people who want to live, retire, and invest overseas, announced today its annual index of the 10 best places in the world to retire in 2023. This year, a bonus list of five jet set, luxury destinations will also be featured. The full index will be available to purchase in January 2023 at...

November 7, 2022
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02Nov

Taiwan to have world’s lowest birthrate by 2035

Taiwan is expected to replace South Korea as the country with the lowest birthrate by 2035, population projections by the National Development Council showed. The nation’s birthrate is expected to be the lowest in the world with 1.12 births per woman in 2035, when South Korea’s birthrate is expected to be 1.18, data released by the council showed. Taiwan previously had the lowest birthrate in the world when the number fell to 0.9 births per woman in 2015, but the figure...

November 2, 2022
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October 2022
25Oct

Number of pensioners in poverty on the rise in Germany

The aim of the pension system in Germany is to ensure that anyone who has spent a good portion of their life working can draw upon decent pension benefits when they retire. But according to a new report, for a rising number of people, the old-age pension is not enough to live on. 628.000 pensioners in Germany drawing basic subsistence benefits A growing number of pensioners in Germany are being forced to rely on basic subsistence benefits, as well as...

October 25, 2022
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24Oct

The anxieties of growing old when you’re LGBTQ

Who would you call to bring you chicken soup? For many LGBTQ seniors who are alone, that’s no easy question. Who would bring you chicken soup if you were sick? For most people of a certain age, that’s easy — a spouse or an adult child would step up. For many LGBTQ people, however, it’s not a simple question at all. “Many [would] have to think really hard about this,” said Imani Woody, an academic and community advocate who retired from AARP...

October 24, 2022
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21Oct

Nearly 70% Chinese elderly intend to return to workplace after retirement: report

A latest report shows that 68 percent of surveyed senior citizens in China intend to return to the workplace after retirement while 30 percent of the interviewees say they have economic pressure. Experts said it's a normal and beneficial phenomenon given the slow growth of pension in recent years and labor shortages in some industries. The survey report on the post-retirement employment of senior citizens released by Chinese recruitment website 51job.com on Monday reveals that 34.4 percent of elderly...

October 21, 2022
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12Oct

An ageing population needs a different approach to housing and care. This is how to provide it

Our global population is ageing rapidly. By 2030, one in six people in the world will be aged 60 years old or over and the share of population they account for will rise from one billion now to 1.4 billion. In the US alone, it is estimated that nearly a quarter of the population will be 65 or older by 2060. This marks a dramatic change in the demographic structure of our communities, shifting a greater need for healthcare providers...

October 12, 2022
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04Oct

Exercise Can Slow the Ageing Process

The tradition of sending a telegram to every British citizen on their 100th birthday was started just over 100 years ago by George V, who sent out just nine letters. Last year, the Queen had to sign over 16,000 birthday letters. The UK has an ageing society, with falling birth rates and increasing life expectancy. Improvements in public health and medicine have helped to achieve this amazing effect on lifespan. But for far too many, old age is endured and...

October 4, 2022
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September 2022
29Sep

17.5% of South Korea’s population aged over 65 and older in 2022

Data show that in South Korea's rapidly aging society, people aged 65 and older made up 17.5 percent of the country's population this year. According to Statistics Korea, the number of senior citizens exceeded 9 million this year for the first time. The agency projects that seniors will account for 20 percent of the population, making it a super-aged society, in 2025. At that pace, it will have taken only seven years for the country to go from an aged society to...

September 29, 2022
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