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continuous learning mid-life planning quality of life

Retiring Retirement: Longevity Mindset

Serena Williams, one of the greatest tennis players of all time, recently announced her retirement from professional tennis. Interestingly, the winner of 23 Grand Slam tennis tournaments, had this to say,

“I have never liked the word retirement. It doesn’t feel like a modern word to me. I’ve been thinking of this as a transition, but I want to be sensitive about how I use that word, which means something very specific and important to a community of people. Maybe the best word to describe what I’m up to is evolution. I’m here to tell you that I’m evolving away from tennis, toward other things that are important to me. A few years ago, I quietly started Serena Ventures, a venture capital firm. Soon after that, I started a family. I want to grow that family.”

Source: Vogue

The average age of retirement for professional tennis players is around 30 years, and lesser for women, and this makes transition into the non-playing world that much more vital. For example, Serena is 40 years old and has dedicated a large part of her life (and time) to the sport, and in the process, achieved tremendous financial success. Agreed that not everybody is Serena and has the resources at her disposal, however, it sparks an interesting question about how individuals perceive themselves and plan for their future.

Research globally indicates that there is a tendency for people to underestimate their longevity, and thus they are likely to pay little attention to different life stage transitions. Although India does’t face the same demographic transitions like much of the US, Europe and some parts of Asia, the absolute number of people entering their third (50+) and fourth stages of life (75+) is on the rise. This requires us to think beyond the traditional binaries of work and retirement, and evolve a much more nuanced understanding of longevity – a longevity mindset.

A longevity mindset is one where you decide and wholeheartedly believe that longevity is normal and attainable. With a longevity mindset, aging is abnormal, and longevity is what’s considered healthy. This mindset permanently benefits the way you live, think, and act.

How to foster a longevity mindset

Staying optimistic and planning for life stages is one way to evolve this mindset into a healthy living code. An earlier article on 100 Year Life highlights some of the research and work around this aspect.

If you want to break #AgeBias and foster intergenerational diversity, sign up for the GenConnect initiative now! 
https://longevityhub.in/genconnect/

Categories
active ageing caregiving continuous learning financial security and planning geriatric care mid-life planning physical health and fitness quality of life travel and mobility

Longevity Dividend & The 100 Year Life

Designing for a 100 Year Life.

People around the world are living longer thanks to advances in medicine, public health and other factors.

  • Is living longer a gift or a curse?
  • What happens if more of us live till 100 years?
  • What does research around the world say?
  • How are countries, societies, businesses and individuals adapting to it?
  • How can you redesign your life for a 100 year life?

In this essay, which is broken into sections, I look at India’s longevity dividend (does it exist?) and highlight research around a 100 year life.


📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India with focus on ageing journeys, longevity impacts and seniorcare. You can find more information on www.silverangels.in

Categories
50 plus financial security and planning quality of life

Retirement Planning vs Longevity Planning

With longer lifespans, just a retirement plan may not be enough anymore.

Retirement planning is a healthy exercise to undertake as it helps ensure financial security and offers peace of mind around later life. However, with increasing lifespans, shifting the lens from retirement to longevity planning spread across different life stages may lead to better quality of life.

In this essay, I have identified 9 parameters that can help think through longevity plans in the context of retirement planning.


📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India with focus on ageing journeys, longevity impacts and seniorcare. You can find more information on www.silverangels.in