Personal Finance
IPS forum on CPF: The Future Retirement Landscape.
By A Singaporean Stockmarket Investor (ASSI)  •  July 23, 2014
The first speaker at the forum was Associate Professor Kalyani Mehta who is the head of the Gerontology Programme in the School of Human Development and Social Services at SIM University. In case you are wondering, Gerontology is the study of social, psychological and biological aspects of ageing. Big word, I know.
The main take away for me here is how people are living longer but they are not necessarily healthier. So, we have longer life expectancy (LE) today but what is also important to note is healthy life expectancy (HALE) and this might not match up. Take a look at the slide below:
So, on average, a male would be unhealthy (i.e. needing medical and maybe even palliative care) for 6.6 years while a female would be so for 6.8 years before saying good-bye to this world. There will also be a growing number of aged who are single or divorced......
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By A Singaporean Stockmarket Investor (ASSI)
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