Salient to Investors:
HelpAge International said:
- Norway is the best of 96 countries to grow old in, followed by Sweden, Switzerland, Canada and Germany. Afghanistan is the worst.
Australia, Western Europe and North America rank highly.
- By 2050, 21% of the global population will be over 60, when 40 of the 96 countries will have 30% of their population aged 60 or over.
- Mexico, Peru and some other Latin American countries have risen in the rankings.
- Mexico (30th) ranks ahead of Brazil, Russia, India, China and South Africa.
The tradition of caring for the elderly within extended families is weakening.
The growth of tax-financed, non-contributory “social pensions” is key to helping tackle inequality for seniors.
In Mexico, nearly 9 out of every 10 people aged 65 or older receive a social pension.
Read the full article at http://www.bbc.com/news/world-29426285
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