Why an ageing world is a question for young people
Today’s youth will increasingly age into a world that was not designed for their longer lives. So why is longevity still approached as a matter for older adults?
Economies around the world are ageing as a result of falling birthrates and rising lifespans. In fact, over 70% of people worldwide already live in a country whose population is projected to peak before the end of the century. The result is a major transformation at both the societal and individual levels.
At the societal level, systems designed for a young, growing population will need to be rethought. At the individual level, lives will grow increasingly complex and non-linear, with lifelong learning, caregiving and even unretirement becoming more prevalent. This is especially poignant for today’s youth, who will be older adults in a world that looks completely different than the one we live in today.
A playbook for a longer future
Many young people today are already experiencing the effects of evolving financial landscapes, strained healthcare systems and changes to the social fabric. With the foundations for longevity set at youth, they must be empowered as architects of our collective future.
The Longevity Economy Playbook, published by the Global Shapers Longevity Economy Taskforce, places agency in the hands of young people. It provides a framework for identifying local gaps in longevity-preparedness, designing solutions and ensuring locally adapted implementation. The playbook frames longevity not as a future challenge, but as a present-day opportunity to which communities are already responding.
Convergent trends amid divergent realities
The Longevity Economy Playbook sits on a strong base of data offering stark perspectives of longevity as seen by young leaders. It highlights key challenges emerging from systems designed for an earlier demographic era where stable formal employment, predictable retirement pathways, and readily available family care were more prevalent. It also highlights how the urgency of these challenges varies across regions.
Despite varying regional experiences, common themes emerged:
Financial insecurity is the most widespread concern, though its causes varied sharply by region. Pressures on pension systems, inflation driving savings to the ground, and political instability raising costs are all drivers of financial insecurity experienced in many parts of the world today. Healthcare access and healthy ageing are equally prominent, particularly for rural and isolated communities where transport, infrastructure and digital services remain uneven.
Meanwhile, social isolation is a challenge increasingly experienced throughout regions as longer lives become lonelier lives. Importantly, social connection is not simply a nice-to-have: It also supports health, economic participation and the intergenerational trust needed for longevity systems to work.
When asked about priorities, young people from around the world spell out two clear necessities. First, no one should retire into poverty. Second, prevention must play a central role in enabling longer, healthier lives. These insights underscore the imperative of intergenerational solidarity as a source of resilience, connection and prosperity.
Multistakeholder action with an intergenerational lens
Because the future is not predetermined, understanding longevity requires more than analyzing today’s data. Using the intergenerational foresight method, the Longevity Economy Playbook demonstrates how to access new perspectives and imagine solutions for generations to come.
Foresight uses creative thinking to project how people may live, work and age in the decades ahead. In doing so, it reveals the tensions shaping the policies, institutions and choices still to come, helping leaders develop targeted solutions to broad challenges.
By combining regional analyses with foresight exercises, the playbook surfaces insights that inform a range of stakeholders on the actions needed to make the most of the opportunities that come with longer lives. Employers, policy-makers and young leaders have especially interesting roles to play.
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