The first responsibility is of course ours as individuals. We have to make choices about what we each do and how we structure our life. No matter how old you are you need to start doing things differently and adapting to a longer life. Ultimately it is your responsibility to plan your life for the long run.
One pressing challenge will be financing a longer life. If we live for longer we need to invest more in our financial assets to support a longer life. However a longer life is not just about getting the finances right but also about making sure you invest in your health, your families and friends and your own productive abilities. A longer life will lead us to reassess how we balance these financial and non- financial forces over our lives.
The difficulty we have is that because everything needs to change we can’t rely on the role models of the past. The career paths and life decisions that worked for our parents won’t work for us. You will need to make different choices than your parents and your children will make different decisions to you.
In “The 100-Year Life – Living and Working in an Age of Longevity”, publicado em Junho 2016
Clearly, the meaning of working age is changing – and this is not just because of pension reforms that raise the standard pension age. The upper limit of 65 does not reflect the reality anymore. A large and growing share of workers aged 65+ mainly work for non-financial reasons and this is not limited to the well-educated. For these people it is good news that the meaning of ‘working age’ is changing. However, there is also a sizeable group of people aged 65+ who work mainly because of financial needs and who have not managed to earn sufficient pension entitlements by the age of 65.
In “The changing meaning of working age”
Myth: more money will make me happier
“Our perceptions of pay are relative to what other people are making,” says research psychologist Dr Ronald Riggio. “So even if you are paid a lot – think professional athlete – if you find out a similar other, say another athlete, is making more than you, it can lead to dissatisfaction and unhappiness regardless of the amount you are making.”
Myth: more holidays will make me happier
More time off will only help if being at work makes you miserable. “If you really love your work, offering less time at work obviously won’t make you happy. If you don’t like your job, then it might,” says Riggio.
Myth: changing job or getting a promotion will make me happier
According to research, simply changing jobs won’t make you happier. Psychologists tracked high-level managers for five years and measured their work satisfaction before and after changing job or being promoted.
In “Three things you think will make you happier at work (but won’t)”