Tag Archives: Oxford Institute of Population Ageing

The Burgeoning Silver Economy

online shoppping

online shopppingSometimes it takes a while for a message to sink in. Consider the following:  I’m a visiting fellow at the Oxford Institute of Population Ageing. I blog about how to live productive and meaningful second half of life. I regularly attend conferences about longevity. And yet, it wasn’t until – shortly before Christmas –  I found myself watching a parade of innovators present three-minute pitches on products for the over-50 market that it dawned on me:  as a 53-year-old, I am the demographic they are trying to reach.

The setting was Zinc, a London-based incubator that seeks to solve the world’s most pressing social problems at scale. This year’s mission, Zinc 3,  supports products and services that add five more years of high quality to later life. I’m one of a number of fellows for Zinc 3, there to offer advice and help these projects come to fruition.

The products featured at the December event – all of which are still in the development phase – tackled topics ranging from menopause to hearing loss to job skills and beyond. While not all of them struck a chord with me, I was surprised by how many of them did. And if they weren’t quite right for me, I could definitely see their appeal for friends and family.

Read the rest of this post over on the Oxford Institute of Population Ageing blog

Image: Black Friday Online Shopping via PXFuel

Tips for Adulthood: Five Ideas for a Fast-Changing World

running long distance

running long distanceLast Thursday, I had the privilege of attending the second annual meeting of The Longevity Forum, a relatively new player on the UK’s ageing scene.

As I noted last year when I attended the inaugural event, The Longevity Forum takes a two-pronged approach to the demographic realities of a globally ageing population. It is, on the one hand, interested in the potential for current scientific research to extend the lifespan. But the organisation is also focused on the social and economic implications of this so-called longevity dividend.

As the conference was invitation-only, this blog shares five ideas I took away:

Read the rest of this blog over at the Oxford Institute of Population Ageing blog

Image: Runner running long distance via Pixabay

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The Social Value of Older Workers

In the seemingly never-ending conversation about the “future of work,” older workers figure prominently. There is growing recognition that enabling older workers to remain economically productive is good for their well-being, good for their employers and good for the economy. But I would like to highlight another benefit older workers can bring to the table: their potential to help solve social problems.

First, a brief detour to the well-known numbers:  older workers are a large, and rapidly growing, segment of the workforce across the world. In the United States, the Bureau of Labor Statistics projects that 25% of the country’s labour force in 2024 will be 55 or older; that’s up from 22% in 2014 and just 12% in 1994. In the U.K., the number of those aged over 70 who are in full- or part-time employment has been steadily rising year on year for the past decade, reaching a peak of 497,946 in the first quarter of this year – an increase of 135% since 2009.

Not everyone agrees that this surge in the number of working “perennials”  – as this cohort has sometimes been called — is necessarily to be welcomed. A recent RSA report examining the impact of the technological age on older workers in the UK, for example, outlined four different scenarios, not all of which were positive.

But contrary to the traditional view of older workers as an unmitigated drain on resources, there is growing appreciation of what they might bring to the table.

Read the rest of this post over on the Oxford Institute of Population Ageing blog

Image: Office Business Colleagues Meeting via Pixabay

Like what you’re reading? Sign up to my “Good Reads for Grownups” newsletter, a monthly round up of books and films I’ve liked, the latest research on aging, and other great resources about the eternal journey of adulthood, plucked from around the web. Subscribe here