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Asia’s Silver Tsunami is Coming: These Stocks Can Ride the Wave
By The Smart Investor  •  August 28, 2021
Ageing is a process no one can avoid in life. In the next few decades, Asia is set to become one of the oldest in the world, with an Asian Development Bank report estimating that there will be 923 million senior citizens by 2050. The World Health Organisation (WHO) has also highlighted this problem. The organisation highlighted that the proportion of people aged 60 and above will more than double to 20.3% by the middle of this century, up from less than 10% in 2017. WHO also flagged many issues that an older population will face, such as poorer physical health, mental health issues such as dementia, and injuries and disabilities that will affect mobility. While we cannot stop the process of aging, the good news is that there is sufficient time to prepare ourselves for this silver tsunami that will inevitably wash over us. Many businesses have begun to cater to this unavoidable trend by providing products and services that cater to the elderly....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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