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...
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...
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...
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...
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...
Covid-19 hit our world like a wrecking ball in 2020. Almost overnight, our businesses and schools closed, our communities went into lockdown, and our economies stalled. But even as we grapple with the fallout of the pandemic, new threats are looming, many of them global in scope. The World Bank warns that stagflation will see growth slump from almost 6% to just 2.9% this year. The war between Russia and Ukraine is undermining the delivery of grain, prompting fears of...
Tom Lawry is the National Director for Artificial Intelligence, Health and Life Sciences at Microsoft. “It’s not how old you are, it’s how you are old.” – Jules Renard, French author. It was the summer of 1965 when Medicare was signed into law, guaranteeing that the federal government would manage the provision and cost of medical care for all seniors. In doing so, President Lyndon Johnson proudly declared: “No longer will older Americans be denied the healing miracle of modern medicine....
The share of Japan's older adult population, those over age 65, has been increasing every year since 1950 and is expected to reach 35.3% of the total population in 2040. For the first time, Japan's over 75s account for over 15% of the population, after their cohort rose by 720,000 to 19.37 million people, government data released Sunday showed, in further evidence of the country's rapidly graying society. Also hitting a record high this year was the number of those over...
Aging populations and advances in technology influencing investment strategies Changing demographics are having a significant impact on asset allocation, latest research by BNP Paribas Asset Management (BNPP AM) shows. The asset manager's survey - conducted in association with Coalition Greenwich - questioned 135 institutional and intermediary investors across Europe, Asia and the US. The findings revealed just under four-fifths (78%) of European investors believe that changing demographics factors had already had an impact on asset allocation, along with 83% of Asian investors....
In Liaoning province, 25.7 per cent of the population is aged over 60, while in Shandong the figure is 21.15 per cent Analysts say ageing is one of the biggest challenges facing China, with enormous strain likely for the pension system Citizens aged 60 or over account for more than a fifth of residents in 13 of China’s 31 provincial-level jurisdictions, highlighting growing strain on the country’s struggling pension fund, but possible opportunities for the silver economy. The alarming figure was recently...
