A very topical problem for Europe, especially Germany, where 18% of population (15 million) will get over 65 in the next 10 years. Interesting to find out how this held true in Japan over the last 25 years.
A contrarian note, I see seniors well into their eighties not only being active, going to gyms, Nordic walking, cycling, but also participating in many learning opportunities. They may not be attending university or vocational classes, although lectures and craft classes are very popular. They’re travelling and making clothing purchases also into their eighties. They’re buying a lot of 📚 books.
These changing demand patterns help to give a clue to how one's personal expenditure might change -- if one were sufficiently "normal" -- when one moves from gainful employment into taking passive income.
A very topical problem for Europe, especially Germany, where 18% of population (15 million) will get over 65 in the next 10 years. Interesting to find out how this held true in Japan over the last 25 years.
A contrarian note, I see seniors well into their eighties not only being active, going to gyms, Nordic walking, cycling, but also participating in many learning opportunities. They may not be attending university or vocational classes, although lectures and craft classes are very popular. They’re travelling and making clothing purchases also into their eighties. They’re buying a lot of 📚 books.
These changing demand patterns help to give a clue to how one's personal expenditure might change -- if one were sufficiently "normal" -- when one moves from gainful employment into taking passive income.
That's actually pretty useful.