Retirement is a major milestone in life, representing a transition from the workforce to leisure time and a new phase of living. As the world evolves and the global population ages, the future of retirement is undergoing significant changes. In this article, we will explore some of the trends that are shaping the retirement landscape and what we can expect in the years to come.
1. Rising Life Expectancy
One of the most significant trends impacting retirement is the rising life expectancy. People are living longer thanks to advancements in healthcare and improved living conditions. According to the World Health Organization, the global average life expectancy has increased by five years between 2000 and 2015. This means that individuals will need to plan for a longer retirement period, with the potential for increased healthcare costs and a greater need for financial security.
