According to the United Nations’ (UN) World Population Ageing 2020 report, there were 727 million persons aged 65 or over last year. This number is seen to more than double to reach 1.5 billion come 2050. Global life expectancy has also increased: From 66.8 years in 2000, it has now reached 73.4 years in 2019.
As world population ages, some traditional economic sectors go into decline while new ones rise up. How can investors ride the silver economy?
With better life expectancy and lower levels of fertility, human beings are increasingly ageing one. This huge demographic shift is creating greater demand for certain goods and services, which presents ample investing opportunities for those who want to ride the megatrend.
