May 2022
06May

Half of Hong Kong women face retirement income challenges

Only one in three women say they are confident in their ability to make their pension contributions, whereas 40% of men say the same, according to the Fidelity’s Global Women & Money Study 2022. Read also Millennials Will Make Impact Investing Mainstream Due to the lack of confidence in financial planning, 46% of the surveyed Hong Kong women are worried they are unprepared financially for retirement, while 43% of men felt the same. Read also On the path to bigger income in...

May 6, 2022
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05May

Assessing Heterogeneity in the Health Effects of Social Pensions Among the Poor Elderly: Evidence from Peru

By Noelia Bernal Lobato, Javier Olivera & Marc Suhrcke This paper exploits the discontinuity around a welfare index of eligibility to assess the heterogeneous health impacts of Peru's social pension program Pension 65, which focuses on elderly poor individuals. The heterogeneity is analysed in terms of the treatment exposure (short vs long run), the accessibility to health care infrastructure (near vs distant facilities), and gender. We find improvements in anaemia, mortality risk markers, cognitive functioning, mental health, and self-reported health....

May 5, 2022
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04May

Luxembourg. Number working beyond retirement age doubles in decade

The number of people continuing to work beyond retirement age in Luxembourg has doubled in the last decade, according to figures released in response to a parliamentary question on Monday, after reforms aimed at incentivising older workers to stay in the labour market. Luxembourg's official retirement age is 65, but people can take early retirement at 57 or 60, depending on their level of contributions. The number of people continuing to work after receiving pension payments increased sharply in both...

May 4, 2022
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04May

US. Study sheds light onto biracial, LGBTQ older adults for the first time

A new study presented at the 2022 American Society on Aging’s annual conference is hoping to shed light on the lived experiences connected to the health and well-being of older adults who identify as biracial/multiracial and bisexual. Deana Williams, PhD, MPH, lead researcher of the study and a research investigator at the MultiCare Institute for Research and Innovation, told SeniorsMatter while research is increasing for some of these groups – including lesbian, gay, bisexual and transgender (LGBT) older adults –...

May 4, 2022
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02May

Aging beyond retirement: How Canadians can afford to grow old

That’s the number of siblings Dr. Bonnie-Jeanne MacDonald’s mother had growing up. An astounding number, even at a time when families were known for having large broods. While it might seem overwhelming, to say the least, there certainly were benefits to having so many kids, says Dr. MacDonald, the director of financial security research for the National Institute on Aging (NIA). “My mother came from a family of 14 kids, and suddenly you have much fewer people to do that care...

May 2, 2022
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April 2022
27Apr

How AI and robots are caring for the elderly in Taiwan’s ageing society

The idea that cities today will have a disproportionate number of elderly would have been laughable a mere century ago. As recently as 1950, global mortality rates for children were five times higher than they are now, according to Our World in Data. Yet, advancements in healthcare and sanitation standards are helping adults live longer than ever before. Taiwan, in particular, is estimated to become a super-aged society by 2025, with one in five being over 65 years old, said...

April 27, 2022
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27Apr

Homeless Population Aging in Japan

The proportion of homeless people aged 70 or over in the total homeless population in Japan surged to 34.4 pct in 2021 from 19.7 pct in 2016, a welfare ministry survey has found. The survey on people without housing, held about every five years, also showed that the average age of homeless people rose by 2.1 years to 63.6 years. In the survey, conducted in November 2021, homeless people in Tokyo's 23 special wards, ordinance-designated major cities and other cities were...

April 27, 2022
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19Apr

China may see negative population growth in 2022, 12 years earlier than UN prediction: experts

Experts said that population aging may lead China to count more deaths than births in 2022, 12 years earlier than the UN predicted. They suggested boosting commercial insurance to support the elderly given the current inadequate old age welfare system. Chinese people aged over 65 have surpassed 14% of the total population in 2021, which is an important indicator and means the country has formally become an aged society, said Zheng Bingwen, director of the Center for International Social Security...

April 19, 2022
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15Apr

Bad Retirement Savers Expect to Die Young

By Allison Bell What workers think about their retirement savings is closely related to how long they think they will live, according to a new Club Vita life expectancy survey. Workers who said that their savings would be enough to pay for a comfortable retirement agreed with Club Vita about how long they might live. Workers who said their savings would be too small to pay for a comfortable retirement predicted that they would die about 7.1 years earlier than Club Vita would have...

April 15, 2022
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15Apr

Japan’s population down 640,000 in 2021, biggest drop on record

Japan's population totaled 125,502,000 as of Oct. 1, down 644,000 from a year earlier, marking the biggest decline on record, according to government data released Friday. The fall was attributed to stricter border restrictions propelled by the coronavirus pandemic, the Ministry of Internal Affairs and Communications said. The tally includes foreign nationals. Tokyo's population shrank for the first time in 26 years. All of Japan's 47 prefectures except Okinawa posted a fall in the number of residents in the year to...

April 15, 2022
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