Why the future belongs to people above the age of 60

- [Narrator] The future belongs to people above the age of 60. It may come across as being counterintuitive, but never before has the future belonged to such an extent to people in the older age groups. A 60-year-old in the developed parts of the world can expect on average to live another 24 years or so. Moreover, they can expect on average, to be in good physical and mental health until they turn 77 or 78 years old. For women, these numbers are higher by two to five years, depending on the country. Obviously, people age 20 have more years to live on average, but the number of people in the younger age groups is dropping relative to the number of people in the older age groups. On balance then, everything is shifting towards the upper age groups, the workforce, consumption, and social and political influence among many other aggregates. In this context, retirement will be different. It will include more learning, freelancing, and flexible employment opportunities for seniors to help…