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Opinion

Rapidly aging populations need financial security, not just caregivers

Society can focus too much on work and ill health

| Japan

Over the past century, the average person has gained an extra 30 years of life and can now expect to live to 72.6. The U.N. estimates that there will be 2.1 billion people aged 60+ by 2050, out of a projected total population of 9.7 billion.

Rapid graying in developed economies from Asia and beyond has implications on all aspects of our society, from health care and financial services to city planning and social services. How we rethink aging -- how we respond, as private and public sectors together -- will have implications for all demographics.

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