20190617 Asia Insight Retirement

Japan's government is encouraging companies to keep employees on the payroll until age 70. 

Aging Asia rethinks retirement to pursue 'productive longevity'

Active seniors join robots as a potential answer to labor shortfalls

SINGAPORE -- Rosalind Tay left her job in April after she reached Singapore's retirement age of 62, but she was far from ready to call it a career.

"I assume I will be living until 90-plus, like my parents, so I cannot survive based on my current savings," said the former employee of a baby milk formula company. She said that medical bills are expensive, she wants to travel more, and she hopes to stay active to ward off dementia and other chronic diseases.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.