• 0Shopping Cart
Age Wave
  • Home
  • Who We Are
    • About Age Wave
    • Company History
    • The Team
    • In the Media
    • Our Clients
  • What We Do
    • Keynote Presentations
      • Keynote Presentations Overview
        • Presentation Topics
          • Speakers
            • Ken Dychtwald, PhD
            • Maddy Dychtwald
    • Landmark Research and Consulting
      • Strategic Consulting Overview
      • Landmark Research Overview
        • Longevity and The New Journey Of Retirement
        • The Four Pillars of the New Retirement: Tracking Update with a Spotlight on Family
        • The Four Pillars Of The New Retirement: What A Difference A Year Makes
        • The Four Pillars of The New Retirement
        • Early Adulthood
        • Leaving a Legacy
        • View All Research Studies
    • Educational Programs
      • Professional Educational Programs
        • Legacy Lessons from the Sages of Aging
        • Lifestage Navigation™ Curriculum
        • The Power of Legacy
        • Special Report: Leaving a Legacy
      • Public Educational Programs
        • Sages of Aging
        • Life’s Third Age
        • Boomer Century
    • Publications
      • Sages of Aging: A Guide for Changemakers
      • Radical Curiosity: One Man’s Search for Cosmic Magic and a Purposeful Life
      • What Retirees Want: A Holistic View of Life’s Third Age
      • Influence: How Women’s Soaring Economic Power Will Transform Our World for the Better
      • A New Purpose: Redefining Money, Family, Work, Retirement, and Success
      • Gideon’s Dream: A Tale of New Beginnings
      • The Power Years: A User’s Guide to Rest of Your Life
      • View All Books
  • Blog
  • Contact Us
  • Search
  • Menu Menu
  • Twitter
  • LinkedIn
  • Mail
  • Landmark Research and Consulting

    Pioneering research that consistently breaks new ground and makes news worldwide.

Back
View all studies

Future of Retirement in a World of Rising Life Expectancies Study

hsbc

In 2005, Age Wave collaborated with HSBC to create the first-ever comprehensive study on global attitudes toward aging and retirement. This landmark work investigated the issues that really matter to people: their hopes, dreams, priorities, aspirations, and fears for later life. It also examined the ways people of different generations across the globe prepare for later life. The study included interviews with over 11,000 adults, spanning four continents and ten countries. Key insights included:

  • A new vision of later life. In the past, people thought of the onset of “old age” as being marked by an event like a 65th birthday, retiring, or collecting a pension. “Old age” has a much more personal and individualistic definition now: a 60-year-old may be “old” while an 85-year-old individual remains youthful.
  • To work, or not to work? Surprisingly, people in more affluent societies want to carry on working in retirement, even though they may have less financial necessity to do so. Meanwhile, those in less affluent countries are more likely to want to give up work when they retire.
  • Global rejection of a mandatory retirement age. The study revealed a resounding global rejection of age-based restrictions on working.
  • Preparation for later years. When it does happen, preparation for retirement is largely unsophisticated, with people preferring to speak to friends rather than seeking professional advice.
  • The role of the family is changing. Throughout the developing world the role of the family is changing, along with other social structures, as more people move from rural to urban areas.

Moreover, the study revealed many important differences in how people in different countries and regions view old age and retirement. For example:

  • Americans view their later years as a time for opportunity, new careers, and spiritual fulfillment, but are less focused on family or health than other countries.
  • The British view later life as a time of self-sufficiency, independence, and personal responsibility.
  • Brazilians view later life as a time for slowing down, relaxing, and spending time with their families, relatives, and friends.
  • In China, younger generations view retirement as an opportunity for a new life and continued careers, while older generations want to stop working and relax.
  • Indians view later life as a time to live with and be cared for by their families.

The highly successful 2005 Future of Retirement in a World of Rising Life Expectancies Study was followed in 2006 by an even more comprehensive study conducted by Age Wave in collaboration with HSBC and the Oxford Institute of Ageing: The HSBC Future of Retirement: What the World Wants Study.

What We Do

  • Keynote Presentations
  • Landmark Research & Consulting
    • Strategic Consulting Overview
    • Landmark Research Overview
    • Landmark Research Studies
      • Longevity and The New Journey Of Retirement
      • The Four Pillars of the New Retirement: Tracking Update with a Spotlight on Family
      • The Four Pillars Of The New Retirement: What A Difference A Year Makes
      • The Four Pillars of The New Retirement
      • Early Adulthood
      • Leaving a Legacy
      • Modern Parenting
      • Widowhood Lifestage
      • Women and Financial Wellness
      • The Journey of Caregiving
      • Finances in Retirement
      • Leisure in Retirement
      • Giving in Retirement
      • Home in Retirement
      • Health and Retirement
      • Family & Retirement
      • Work in Retirement
      • View All Research Studies
  • Educational Programs
  • Publications

About AgeWave

Age Wave is the nation’s foremost thought leader on issues relating to an aging population, with great expertise in the profound business, social, healthcare, financial, workforce and cultural implications. Under the leadership of Founder/CEO Dr. Ken Dychtwald, Age Wave has a unique understanding of the body, mind, hopes and demands of new generations of maturing consumers and workers and their expectations, attitudes, hopes, and fears regarding retirement.

Contact us at (510) 899-4000.

In the Media

  • Do People Actually Want to Live to 100?January 26, 2023
  • The Role Of Board Service In A Meaningful Post-CareerJanuary 3, 2023
  • NewsmaxHow to Enjoy a Fulfilling Life in Retirement Read Newsmax: How to Enjoy a Fulfilling Life in Retirement | Newsmax.com Important: Find Your Real Retirement Date in Minutes! More Info HereDecember 29, 2022
  • What is a financial power of attorney, and what to consider when appointing a power of attorney?December 27, 2022
View all Media

Latest Tweets

Tweets by AgeWave
© 2023 Age Wave. All Rights Reserved. Privacy Policy
  • Twitter
  • LinkedIn
  • Mail
Scroll to top