By Michael Hodin, The Fiscal Times
"As Standard & Poor’s declared five years ago in a report on the graying of the global population: “No other force is likely to shape the future of national economic health, public finances, and policymaking as the irreversible rate at which the world’s population is aging.”
"By 2020, for the first time in history, there will be more old than young... As we live longer – routinely into our 90s and 100s – we are going to need more caregivers than is currently imaginable...
"The dirty little secret about this trend is that the caregiving burden is not only about families or nations: It has enormous implications for employers big and small since worker productivity will be affected as more and more employees have to attend to the challenges of elder caregiving. "
Read the whole article here.