Patricia Milligan

Investment Strategies That Leverage the Longevity Economy

Patricia Milligan, Ben Franklin, Jim Mellon, Andrew Scott, Marc van Weede, Pat Milligan

A panel of experts led by Professor Andrew Scott and Jim Mellon advocates replacing the term "aging" with "longevity" to address a future where developed nations face average life expectancies of 110 to 120 years within three decades. The discussion highlights a critical need to restructure corporate diversity frameworks, pension systems, and education models to accommodate a workforce where retirees increasingly return to employment and ageism is identified as a unique form of discrimination against one's future self. Furthermore, the speakers warn that failing to adapt to these demographic shifts will exacerbate inequality, stifle productivity, and trigger financial shortfalls that could necessitate societal upheaval without immediate policy intervention and investment in biotech and holistic care.