FYI: The idea of moving into a nursing home is abhorrent to most Americans, but many older Swedes have to lobby to get into one. Aging parents in the U.S. may remind their adult children to visit them, but China requires it by law. Visit playgrounds in Japan and you’ll find elder-friendly fitness equipment instead of monkey bars and slides. We are at the beginning of a global aging boom—and countries all over the world are facing the same challenges. Some are coming up with creative ways to address the looming retirement crisis.
There are more adults over 65 than there are children under 5, globally. And by 2050, one out of every six people—or 1.6 billion—will be over the age of 65, according to the United Nations’ latest estimates. That will be a big problem.
Regards,
Ted
https://www.marketwatch.com/articles/how-to-fix-the-global-retirement-crisis-51567808425?mod=mw_theo_homepage