Wednesday, May 9

aging (spelt without an E)

Nouveau-oldie Albert shares these highlights of two recent articles in the paper.

First, there's the economic angle:

Only an economist could turn the prospect of living longer into a looming crisis.

This week, the IMF was fretting about the ''longevity risk'' facing economies with ageing populations. Like a slow-moving, grey blob spreading out across the economy ''as populations age in the decades ahead, the elderly will consume a growing share of resources''.

An ageing population hurts the budget bottom line in two ways, by increasing demands for spending and reducing potential revenue.

And then there's the health angle:

The ''new'' old age is where 80-year-olds go hang gliding, 90-year-olds win chess tournaments and centenarians play competitive table tennis.

Accentuating the negative - old age poverty, elder abuse - is so yesterday.

The boomers will defy history and age ''successfully''.

There is another part to the message about successful ageing which is a big worry. The new old age won't be for everyone. A happy, mentally and physically active old age will be a reward for those who put the effort in, starting now. We'll get the old age we deserve. Those who end up suffering the old-fashioned old age with its indignities, frailties and mental decline will be seen as losers who didn't try hard enough.

I've advised Albert to get on the treadmill now, and be one step ahead of economic euthanasians, who will want to cull 'undeserving' oldies.


  1. Albert? It's only by leching the blood of virgins that you have survived this long surely! You won't have to worry about another decade, I don't think. As for Brian Wilson, the sooner he pops his clogs the better. He's half deef and dementing as it is!! Hope this helps. Hotboy

  2. Sorry to hear Brian's dementing. You're so lucky to be the only one in step.

  3. Point of view is everything.

    How the world looks at things is always twisted and news is only produced to sell advertizing.

    So depending on who is selling the adverts that day will show you what they want you to hear.

    Not that I'm a cynic, mostly.

  4. Nanners, and I thought I was cynical.