I regularly have clients approach me to seek advice about developing retirement property. Quite often I decline the business because I believe their notion of ‘retirement homes’ is outdated and consequently, will fail. I find that developers tend to narrow their focus to the unique needs of elderly frail and infirm and to ignore the […]
Asian countries have the fastest rise in old-age dependency ratio
When one thinks about ageing societies and dependency ratios, Japan and Germany are usually top of mind. But this chart from Goldman Sachs shows that countries of Asia pacific are catching up fast on the older parts of the planet. Specifically, Hong Kong, Singapore, Korea and Taiwan lead the charge followed closely by Thailand and China. India, […]
Is there money to be made from loneliness?
It’s a horrible question, to be sure. But if you think about it, most professions make money from the misfortune of others. Doctors make money from the illness of a patient and a horticulturalist makes money out of a failing crop. Viewed this way, it makes the question sadly more palatable. This article in the Guardian […]
74% of seniors have poor financial literacy. Problem or opportunity?
Poor financial literacy means that many older people are not making the most of their money in retirement. The findings from a recent survey conducted by the American College New York Life Center for Retirement Income of over 1,300 Americans (reported here in Motley Fool) show that almost 3 out of 4 people aged 60 to […]
How about being younger for longer?
A child born in Japan today has more than a 50 percent chance of living to be 107. The same will surely be reflected in other societies as they age.
Millennials are having the worst time of their lives – study
The average age for the onset of depression has dropped from late forties or early fifties, where it was 30 years ago, to mid twenties, and it’s expected to drop further.
Will global ageing depress the US stock market?
The conclusion to a new report says “Yes” but not so much as a result of ageing in other G7 markets.
Profits remain elusive in China eldercare
The Government’s tight regulation of elderly care are to blame according to
Japanese businesses learn to handle customers with dementia
Many supermarkets and banks require employees to take a care support training lesson
Ageing: East vs West
Some Europeans are exporting their elderly to retirement facilities in Asia.