RSS Facebook Twitter LinkedIn
 


Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

Click to see the full profile


Share |

Old and in the Way? Not in These Countries

By 2050, it is projected there will be nearly as many people ages 60 and over as children under 15.

| BY Donald Liebenson


If you turn 60 today, congratulations: You’ve just joined a very large fraternity. There are roughly 868 million people in their sixth decade, comprising nearly 12 percent of the world’s population. By 2050, it is projected there will be nearly as many people ages 60 and over as children under 15. Where in the world is the best place to live out your senior years?

The Global AgeWatch Index 2014 recommends Norway as the best country in which to grow old. If you want to live long and prosper, best stay away from Afghanistan, which is ranked last on the Index’s rank of 96 countries according to the social and economic wellbeing of older people. The United States is ranked No. 8, immediately behind the Netherlands and Iceland. The top five countries ranked the best in which to grow old are:

1. Norway

2. Sweden

3. Switzerland

4. Canada

5. Germany

With the exception of Japan (No. 9), each of the countries ranked in top 10 are in Western Europe, North America and Australasia. 

The Global AgeWatch Index rates each country on four general factors important to an aging population: supporting income security, fostering good health, employment and education, and the overall environment for older residents.

All regions are represented in the countries ranked in the lowest quarter, with African countries making up half of those with low income security rankings and poor health results, the report states. The 10 worst countries in which to grow old are:

87. Iraq

88. Zanbia

89. Uganda

90: Jordan

91: Pakistan

92: Tanzania

93: Malawi

94: West Bank & Gaza

95: Mozambique

96: Afghanistan

Pensions are a focus of this year’s Global AgeWatch Index, and advocates for their adoption to help older people remain engaged and independent in their later years.Bolivia, Peru and Mexico rate special mention in the report for their initiatives to extend pension coverage to the elderly who did not contribute to such plans when they were younger.



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.