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Longevity Economy Principles: The Foundation for a Financially Resilient Future

Reports

15 January 2024
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Overview

This report, developed by a consortium of leaders from finance, health, academia and government, offers a strategic approach to the challenges and opportunities of an ageing global population. It proposes principles aimed at ensuring the financial resilience of all generations amid diverse national systems and goals like financial security and healthy living. By 2050, the global population aged above 60 is projected to more than double from 1 billion in 2020 to 2.1 billion, underscoring the urgent need for strategic approaches to ageing. The report tackles sensitive issues such as ageism, gender pension gaps and socioeconomic disparities in retirement savings. Emphasizing the need for difficult discussions about mortality and finance, it calls for a unified language and clear direction. The report also advocates for a holistic approach that balances health, financial stability and social considerations, and underscores the importance of collaborative, multistakeholder engagement focused on individual needs. The aim is to build sustainable, resilient solutions for the rapidly ageing global demographic.

Decade Action Areas

Age-friendly Environments Combatting Ageism Integrated Care Long-term Care

Source Organization

World Economic Forum

Country / Region Focus

Global

Sector

Other Private Sector

Knowledge Characteristics

  • > Other

Other Information

financial resilience, economics, money, socioeconomic

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