Bulletin
Investor Alert

Next Avenue

Nov. 23, 2021, 2:44 p.m. EST

How will we make the most of an extra 30 years of life?

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Laura Carstensen

Demographers predict that as many as half of the children born in the developed world since 2000 will reach the age of 100 and beyond. Once a rare event, century-long lives will become commonplace by 2050. The near doubling of life expectancy presents a range of challenges — along with yet unrealized opportunities.

To the extent that we continue to live our lives according to the norms, institutions and policies based on lives half as long as the ones we now enjoy, we will surely face a crisis. However, if we act quickly to apply scientific and technological solutions and change the ways we live, the added years can improve quality of life at  all  ages. 

In 2018, the Stanford Center on Longevity launched an initiative we call  The New Map of Life , premised on the belief that this profound transformation in human longevity calls for equally momentous and creative changes in the ways we lead 100-year lives. Building on the work of Stanford Center on Longevity research fellows, who analyzed central life domains affecting long life outcomes, we argue that if we act now, we can not only meet the challenges longer lives present, but we can also use added years to improve quality of life at all ages. We have distilled this work into a set of crosscutting principles that can act as guideposts for The New Map of Life .

The New Map of Life: a plan

We must first recognize that the unprecedented age diversity in society today is a net positive. The speed, strength and zest for discovery common in younger people, combined with the emotional intelligence, prosocial tendencies and wisdom prevalent among older people, create new possibilities for families, communities and workplaces that haven’t existed before.

Rather than dwelling so anxiously on the costs incurred by an “aging” society, we can instead measure and reap the remarkable dividends of our increasingly age-diverse world.

The process begins by investing in today’s children — the future centenarians of the 21st century. Early childhood investments deliver big returns, as benefits can compound for decades, while allowing for more time to recover from disadvantages and setbacks.

The pivotal years between birth and kindergarten are an optimal time for children to acquire many of the cognitive, emotional and social skills needed for a healthy, happy and active life. Beyond childhood, we must invest in public health at  every  life stage.

Also see: 90% of people want to grow old in their own home — what’s the real cost of doing so?

Rather than lifespan, we should make health span — the years when people are healthy, mobile, mentally sharp and free of pain — the new metric for determining how, when and where to allocate our resources.

To ensure that all people reap these benefits, we should invest not only in better access to health care, but in the health of communities, especially those affected by poverty, discrimination and environmental damage.

Read: The best ways to save for retirement at every age

Rethinking work for 100-year lives

Over the course of 100-year lives, we may work 60 years or more. But we should not work the way we do now, cramming 40-hour weeks into lives impossibly packed from morning until night with parenting, family, caregiving, schooling and other obligations.

Workers seek flexibility, whether that means working from home at times or having flexible routes in and out of the workplace, including paid and unpaid intervals for caregiving, health needs, lifelong learning and other transitions to be expected over century-long lives.

As we move in and out of careers and life roles, we will need to also build flexibility into how we learn. Rather than front-loading formal education into the first two decades of life, The New Map of Life envisions new options for learning outside the confines of formal education, with people of all ages able to acquire the knowledge they need at each stage of their lives and to access it in ways that fit their needs, interests, abilities, schedules and budgets.

We cannot ignore the impact of the physical world around us. The impacts of the physical environment begin before birth, with advantages and disadvantages accumulating over the entire course of life, determining how likely an individual is to be physically active, whether they are isolated or socially engaged, and how likely they are to develop obesity, respiratory, cardiovascular or neurodegenerative disease.

Page 1 Page 2
This Story has 0 Comments
Be the first to comment
More News In
Retirement

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.