Longevity ) - Coggle Diagram
SOLUTION FOR THE LONGEVITY PROBLEMS
Reimagining delivery and finacial aid for healthcare
Initiate subtle policies in the retirement and superannuation
raising retirement ages
generate more private resources for retirement
more income tax revenues for government support
Launch national family planning movement
Adapt with unstable market
Moderate with the old employees
THE NOTION OF LONGEVITY
Live longer than the average person
Longevity is defined as "long life" or "a great duration of life
Countries has high longevity
America: 75 years in 2015
Japan: 73.9 years in 2015
IMPACT OF LONGEVITY TO THE ECONOMY
Affect on Social securities and Consumer market
Social security burden
Because the population over age 65 will grow faster than the working-age population
While the number of beneficiaries will grow, tax rates remain unchanged in current law.
Faces a financial challenge from the impending retirement
Impact heavily to the national market
the new and vibrant market for the young generation can’t be seen in the aging-population countries.
Reduce the number of employees.
The economy depends on workers.
Low-labor countries have to replace the shortage of labor
buying cheap foreign labor
arising of social evils
replacing labor with machines.
requires large initial capital