For example, the recent McKinsey Health Institute report assessed whether several older adults who wanted to work in the United States returned to work could frees about $ 1.7 trillion from potential financial power every year. If older adults would be easier to volunteer, it would lead to another 100 billion -hour volunteering.
Stern’s perspective offers a brighter and more realistic future than a typical story of aging. The personal financial message is that fostering connectivity and lifelong learning improve the economy.
More broadly, everyone has benefit – emotionally, physically, economically and economically – if society supports and encourages commitment throughout life, even in later years.
Chris Farrell is a senior financial assistant in “Marketplace” and commentator on the Minnesota Public Radio.