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'Global Coalition on Aging' Launches as 450 Million People Turn 65 Over Next Two Decades
Date:1/26/2011

to improve health and wellness, expand work opportunities, and provide ongoing education and financial planning to turn what could be a fiscal and political crisis into platforms for economic growth and intergenerational collaboration."

It is estimated that there will be two billion people over the age of 60 by mid-century, and they will outnumber children for the first time in history.  "These demographic realities call for far-reaching work, lifestyle, business and governmental changes," said Nicholas Eberstadt, demographer and Henry Wendt Chair in Political Economy at the American Enterprise Institute.  "We are still living with public policies and social infrastructures that were designed for a different time with different demographics."

In the United States alone, the number of people over 65 will double from 40 million today to 89 million – one in every five Americans – by 2050.  Similar shifts are underway across the globe, though the pace of change differs from country to country.  Populations in Europe, Japan and South Korea are further along the aging curve, while countries like China and India, which have younger populations, will experience the aging phenomenon a generation or two later.

According to Baroness Sally Greengross, a Member of the UK House of Lords and President of the International Longevity Centre United Kingdom, the Coalition is making "a great contribution with its optimistic view of aging.  These leading global companies are committed to helping this generation and the next live differently, more productively and with greater fulfillment for themselves and society, into their eighties and beyond."

"As the longevity miracle shapes the 21st century, the Global Coalition on Aging is well positioned to draw upon the best corporate strategies, partner with stakeholders across society and work with governments and policymakers to promote pragmatic solutions," Hodin said.

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SOURCE Global Coalition on Aging
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