Guest Blog: Yvonne Sonsino, Mercer – The Future of Ageing – There are new rules of living longer…

This blog is one in a series of blogs on the Future of Ageing, published in the lead up to the ILC-UK Future of Ageing conference on the 24th November. To register to attend this conference, click here.

There are new rules of living longer…

Eleven of them to be precise, based on current life expectancy. But we may need to add a few more with hindsight and health technology. First new rule – you will be working longer to pay for that longer life. Just adding three years to your life expectancy (the difference between my daughter and her daughter’s average ‘vital’ statistics) could cost upwards of £130,000 in today’s money. In the UK, nine years of extra life have already been added since those retiring in the 1980s. Imagine if you add another 25 years. Or another 40. How much longer will you have to work? Will you ever be able to retire?

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When Trends Collide

On the 1st of September the Office for National Statistics produced its latest figures mapping the increase in life expectancy for men and women in England and Wales. The figures, which map the progression of life expectancy between 1841 and 2012, captured the interest of the national press, leading to a number of stories reporting the upward trend and speculating on its significance.

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ILC-UK in the news: April 2015

April has seen the ILC-UK publish two major reports: The Missing Million – Recommendations for Action and The Funeral Time Bomb.

The Missing Million is the third and final publication of a series of reports ILC-UK have produced in collaboration with Business in the Community and Prime, and highlighted the major themes as well as providing recommendations for business and government to help people stay in work longer. Continue reading

Retirement: Are we really seeing a social revolution?

The Times splashed today that “Baby boomers are spearheading a social revolution by redefining retirement and old age.” [1]

It reminded me of this published by Dodge in 1962 (52 years ago!)

‘Within the brief space of fifty years, a rapidly increasing population of older citizens has caused a change in the attitude of the total population. No longer do senior citizens feel that their potential contribution to society is ended. As they observe numerous older persons in fine health and enjoying activity, they see emerging a changing attitude which may allow them to live as active members of our society. This new role for senior citizens is now in the process of evolving.’ Continue reading