Global Business - Growing Old
As baby boomers turn 65, many countries are growing old. As Peter Day reports, this means big changes for the economy, healthcare, and our way of life.
Many parts of the world are growing old at an unprecedented rate. Increasing longevity is good news of course, but with it come serious problems that will change how we lead our lives. As Peter Day reports, living longer has implications for the economy, for healthcare, and our social lives. How will we fund decades-long retirement? How can we look after the multiplying healthcare needs of the increasing elderly population? And how do we stop the old from being lonely and isolated? As Peter Day reports, growing old will challenge the assumptions by which we have lived life and run our world since the Industrial Revolution.