In this blog, Euromonitor has adopted the term ‘Later Lifers‘ to describe people over 60.
So called ‘Later Lifers’ fall into two clear categories in regards to health: healthy and active or unwell and reliant on care.
The only real news here is the use of the “LL” term, however I was interested in the chart which plots Average Gross Income against Healthy Life Expectancy by country (see below).
The China opportunity is massive as I covered recently in speech delivered in Beijing to a group of investors.
See the summary presentation here.