[food for thought] Woes of a super aged society will affect my cohort

TL; DR

Plan and build up your wealth

Strength your social networks

Initiating Point

Attended a panel discussion on ageing cities.

1 point shared that struck me the most was that societies will experience a U-shape curve when they plotted happiness level against age; but in a super-AGED society (think japan), instead of rising.... Happiness-levels of the elderly sharply decline! Causes are: i) Poverty;and ii) Social Isolation.

Poverty

At the individual level, it can be tackled rather straightforward. Besides reducing expenditure, need to building competencies (like investing/trading) that grow your capital, and also staying relevant and learning new skills that will provide you an income stream into your retirement age. this aspect seem to be "easily solved".

Social Isolation

Even in such a densely populated Singapore, it is surprising to see that it is possible to be socially isolated. Elderly males are especially vulnerable because their participation in organised social activities are known to be low! noting this, i find the network of friendship even more precious!

The Balance
While we strive to work and earn loads of money, it is important to allocate time to maintain our friendships and important relationships!

Happy Weekend😆