Global Coalition on Aging  

In The News

Dream Retirement Differs For Gays And Lesbians
June 5, 2018 | Forbes

When you hear retirement plan you might think that everyone has the same vision of lazy days, with not a care in the world and sipping cocktails on the beach. But it shouldn’t come as a surprise that many in the LGBT community have different goals when it comes to their dream retirement.

Aging in America: Land of the Free, Home of the Gray
October 11, 2017 | US News & World Reports

The U.S. isn't getting any younger, and businesses, lawmakers and citizens are adapting to stay ahead of the curve.

Caregiving Is Risky Business for Family Caregivers
September 19, 2017 | Transamerica Institute

A new report, The Many Faces of Caregivers: A Close-Up Look at Caregiving and Its Impacts, by nonprofit Transamerica Institute and its Center for Retirement Studies (TCRS) and Center for Health Studies (TCHS) finds caregivers are risking their health and finances to care for loved ones.

IAGG 2017: The Longevity Revolution and Its Emerging Economy
August 22, 2017 | Age Wave

Andy Sieg, Head of Merrill Lynch Wealth Management, and Age Wave CEO Ken Dychtwald delivered the keynote “The Longevity Revolution and Its Emerging Economy” in July at the 2017 IAGG World Congress of Gerontology and Geriatrics — the largest worldwide conference on aging. Kevin Crain, Head of Workplace Financial Solutions at Merrill Lynch, facilitated a lively discussion between the Sieg and Dychtwald on ways the private and not-for-profit sectors can collaborate to help people live long, healthy and productive lives.

Sleep Scratcher? Nestlé Skin Health’s Got an App for That
June 7, 2017 | FiercePharma | Beth Snyder Bulik

Nestlé Skin Health’s latest app tracks skin scratching, even when the scratcher isn’t aware he or she is doing it. That could be during sleep or with cognitively impaired patients, as it’s being used in a current Nestlé Skin Health study of Alzheimer’s patients.

Policies That Promote Healthy Hearts
May 18, 2017 | Devex | Malia Politzer

Each year, cardiovascular disease, or CVD, kills nearly 18 million people — accounting for one-third of global deaths. A complex health issue related to a number of other chronic conditions, in Europe, CVD is the number one killer — responsible for 37 percent of deaths recorded in the European Union in 2013. 

The Longevity Economy: Challenges and Opportunities
May 10, 2017 | Summit

Melissa Mitchell, Executive Director of the Global Coalition on Aging, spoke at the 2017 Summit, on a panel entitled The Longevity Economy: Challenges & Opportunities. She was joined on the panel by GCOA members Surya Kolluri of Bank of America Merrill Lynch and Bruce Wolf of BlackRock, as well as health policy experts Linda Fried and Bill Scanlon.

How to Disrupt the Health Care Industry (Take a Lesson From Home Care)
March 13, 2017 | Medium | Phil Bongiorno

Silicon Valley tends to see the disruption of the multi-trillion-dollar, slow-moving health care industry as “inevitable.” Yet, startups promising to reinvent how we deliver care, perform procedures, or fight disease have fallen short — sometimes disastrously so.

Rethinking Retirement for Longer Lives With Fewer Safety Nets
February 27, 2017 | The New York Times | Kerry Hannon

Five days a week, Kim Moske makes a peanut butter and jelly sandwich and brown-bags it to work. “I’ve been doing that for 30 years and saving what I would have spent eating my lunch out someplace,” she said. 

How Longevity, Quality of Life are Impacting Retirement Planning
February 15, 2017 | Fox Business | Maria Bartiromo

GCOA member Surya Kolluri from Bank of America Merrill Lynch was featured on an exclusive Fox Business segment with Maria Bartiromo, along with Age Wave's Ken Dychtwald.

Forget Gap Years. All Young Americans Should Complete Civil Service
January 9, 2017 | Time | Howard P. Milstein

Our next president is in a unique position—at a critical time—to prepare our next generation of Americans to reach its full potential, while contributing to the prosperity of our country and making our nation safer from international terrorism.

How the Driverless Car Could Transform Older Adults’ Lives
November 27, 2016 | The Wall Street Journal | Paul Irving

The dawn of the driverless car promises a transportation revolution. Advocates claim this will change lives as radically as the Internet changed communication. But there are speed bumps ahead. Whether the growing population of older adults will fully realize the benefits remains a question subject to many moving parts.

The Creeping Public-Pension Debacle
October 24, 2016 | Project Syndicate | Bill Emmott

If developed countries acted rationally, and in the interest of electorates that understood how their tax money is spent, they would set their public-pension retirement age at or above 70. But most developed countries have retirement ages below this mark, and, despite some progress, it will be decades before they catch up. 

Tapping Into Asia's Longevity Market
September 15-16, 2016 | Milken Institute Asia Summit

Peter Nicholson, Vice President, Business Development and Strategy, Nestlé Skin Health, and Anna Hughes, Managing Director and Lead Analytical Manager, Sovereign and International Public Finance Ratings, Asia-Pacific, S&P Global Ratings, joined GCOA CEO Michael Hodin as featured panelists at the 2016 Milken Institute Asia Summit in a session exploring the exciting potential of the longevity economy for employers, entrepreneurs and wise investors.

Sterling Silver: More Older People Around Is Not a Bad Thing
August 2, 2016 | Bay of Plenty Times | Juliet Rowan

Worldwide, populations are ageing and people are living longer. Average life expectancies increased three decades in the 20th century, and according to the Global Coalition on Aging, by 2020 there will be more than 1 billion people over 60 years old worldwide. 

Are You Ready to Live to 100? Ways to Help You Get (Financially) Fit
June 21, 2016 | Bank of America Merrilly Lynch 

GCOA member Surya Kolluri from Bank of America Merrill Lynch moderated a discussion with Dr. Laura Carstensen of the Stanford University Center on Longevity, and colleagues. The broadcast included an opening from Andy Sieg, Head of Merrill Lynch Wealth Management.

Initiative Aims to Help L.A., Angelenos Age Well
May 30, 2016 | Los Angeles Business Journal | Paul H. Irving

The announcement this month of a major Los Angeles city and county initiative – Purposeful Aging Los Angeles – is an exciting beginning for a multiyear effort to unleash the potential of the region’s aging population and create a better future for all Angelenos.

The Extraordinary Happiness of Retirees
May 16, 2016 | CBS Moneywatch | Steve Vernon

An overwhelming majority (93 percent) of retirees recently surveyed say their life is as good or better than before retirement. That's one result reported in a new study from Merrill Lynch titled "Leisure in Retirement: Beyond the Bucket List."

The Future of Retirement: Redefining Work, Leisure, Money, Purpose and Success
May 3, 2016 | Milken Institute Global Conference

Andrew Sieg, Managing Director and Head of Global Wealth & Retirement Solutions, Bank of America Merrill Lynch, was a featured panelist at the 2016 Milken Institute Global Conference in a session on the Future of Retirement. How will the redefinition of retirement change our lives, communities and institutions?

#SpacesOfHealth: Aging in Place
March 31, 2016 | MPH@GW

Produced in collaboration with the Global Coalition on Aging and moderated by Loretta DiPietro, Chair of the Milken Institute School of Public Health Department of Exercise and Nutrition Sciences, the webinar will feature panelists who will address the relationship between environment and healthy aging, the resources required to age in place, and examples of communities that are embracing and benefiting from the aging in place trend.

Retirement on the Other Side of the Demographic Cliff 
March 14, 2016 | The Street | Eric Reed

Retirement may not look the same for much longer. The world is headed for a demographic cliff. Thanks to slowing birthrates, increasing longevity and a large Baby Boomer population, much of the industrialized world is rapidly aging. 

Retirement in an Age of Longevity
March 11, 2016 | Investopedia | David Floyd

On Thursday evening, March 10, 2016, a panel of experts on aging, longevity and retirement gathered at the Museum of American Finance on Wall Street to discuss the economic impact longer lifespans will have on everything from Social Security to robotics to the non-profit sector. Three major themes emerged from the discussion, which went beyond the usual focus on healthcare: the sheer magnitude of the demographic shift, the surprising role technology will play in aging and the opportunities it presents, and the cultural changes we'll need to make to respond to how the world is being remade.

Your Longevity Is Good for Business
March 3, 2016 | TIME | Dan Kadlec

Global businesses wouldn’t think of ignoring China. Nearly all of the Fortune 500 companies have a presence there. Flooding into new markets makes sense, especially one with 1.4 billion people. So why aren’t more businesses targeting people age 50-plus? This is a global market nearly the size of China, and it is entirely new in the sense that people this age have never before had so much spending power, staying power and ambition.

Gesture Control Technology and Remote Patient Monitoring Helps Seniors Live Independently and Safely
February 26, 2016 | Samsung

Produced in collaboration with the Global Coalition on Aging and moderated by Loretta DiPietro, Chair of the Milken Institute School of Public Health Department of Exercise and Nutrition Sciences, the webinar will feature panelists who will address the relationship between environment and healthy aging, the resources required to age in place, and examples of communities that are embracing and benefiting from the aging in place trend.

Investors, Don’t Forget There’s Life After 60
February 8, 2016 | Institutional Investor

There is a massive, irreversible transformation under way in the U.S. and across the globe. It is poorly understood and often overlooked. Halfway through the second decade of our 21st century, we are failing to grasp the implications of population aging.

Increased Worldwide Longevity To Alter Retirement
July 27, 2015 | iTechPost | Vlad Tverdohleb 

The advances in medicine allow us to live longer. And the new life extension therapies based on genetic engineering, stem cells, replacement organ implants and nanotechnologies will increase the life expectation of our generation far beyond anything possible in the past.  Leading experts on global retirement, such as the executive director of the Global Coalition on Aging, Mike Hodin, offered some insight on the deep structural changes expected to lead to a retirement crisis.

This Worldwide Trend Will Forever Alter the Way We Retire
July 22, 2015 | BlackRock Blog | Chip Castille

Chip Castille shares a unique conversation with Global Coalition on Aging expert Mike Hodin and discusses how living longer is changing retirement—and everything else.

3 Big Ideas for Successful Aging in America
May 7, 2014 | Next Avenue | Richard Eisenberg

America: You have an aging problem.  No, it’s not that 10,000 people are turning 65 every day. Or even that there are too few younger workers to pay enough in taxes for the boomers’ Social Security retirement benefits.  The real problem is that government policies, businesses, the media and society at large aren’t adequately addressing — or, in some cases, contemplating — the potential of the nation’s aging population.

America Needs to Rethink 'Retirement'
March 10, 2014 | Wall Street Journal | Nicholas Eberstadt and Michael W. Hodin

Washington is abuzz over the politics of work. Will ObamaCare create jobs or destroy them? What would raising the minimum wage do to youth unemployment? And what to do about the long-term unemployed? Yet there is an odd political silence about a future vision for jobs and economic growth. 

The End of Old
Outlook 2014 | Merrill Lynch Advisor  | Anita Slomski

All across the globe, companies, governments and society are scrambling to harness the energy and meet the needs of an aging global population. Consider a few of the ways the world is preparing for this longevity revolution:

Travel and Healthy Aging: The Journey and the Destination
December 12, 2013 | Global Coalition on Aging and Transamerica Center for Retirement Studies

Surely it is well appreciated that those who stay healthy as they age are able to sustain active lifestyles, including traveling into our 70, 80s and beyond.  It is becoming increasingly clear, however, that the reverse is also true – as one travels, one will be healthier, which is good for the individual as well as for society.

Rising Alzheimer's Creates Strain On Caregivers
September 20, 2013 | NPR

Nearly half of all seniors who need some form of long-term care — from help at home to full-time care in a facility — have dementia, the World Alzheimer Report said Thursday. It's a staggering problem as the global population ages, placing enormous strain on families who provide the bulk of that care and on national economies alike.

Goldhawk Fights Back:  Interview with Mike Hodin
July 30, 2013 | Zoomer Radio

Global Coalition on Aging Executive Director Michael Hodin spoke with Dale Goldhawk, host of “Goldhawk Fights Back for You,” a featured show on Canadian radio station, Zoomer Radio. The interview highlighted the Global Coalition on Aging’s most recent report, “Life-Course Immunization: A Driver of Health Aging.”

We Need to Make Our Society and Cities Age-friendly
June 28, 2013 | | Michael Hodin

When G8 leaders met last week in Belfast to discuss how to stimulate economic growth and improve fiscal health, they would have been wise to look southward towards Dublin. In the Irish capital, the European Union had just held the “EU Summit on Active and Healthy Ageing: An Action Agenda for Europe’s Cities and Communities.”
Read more... 

A Life-Course Approach to Vaccination Can Drive Healthy Aging
May 22, 2013 | Health Affairs Blog | Michael Hodin, Javier Garau, and Alexandre Kalache

As life spans increase and birth-rates decrease, the world’s population is aging. Yet, despite many promising developments, the potential of “life-course immunization” to prevent disease and promote health, has been largely overlooked, especially among adults.

Ageing Is Increasingly Evident in China: S&P
March 21, 2013 | China Daily USA | Michael Barris

By the midpoint of the century, the disproportionate growth in the number of elderly people in China will put the nation's public finances under pressure as it experiences one of the most dramatic demographic shifts in history, according to a new study of global aging trends by US credit-rating firm Standard & Poor's.

Global Coalition on Aging Congratulates Advisor Ken Dychtwald, Recipient of 2013 American Society on Aging Award

Every year ASA recognizes a number of individuals and organizations for their contributions to ASA, to the field of aging, and to older adults. We are proud to announce the 2013 ASA Award recipients.

Do Boomers Have The Guts And Wisdom To Course Correct Our Aging Nation?
March 11, 2013 | The Huffington Post | Ken Dychtwald

Each day, another ten thousand baby boomers turn 65. Born in 1950, I'm a member of this cohort. As we migrate into elderhood, our huge numbers and vast influence over the economy, social policy and the culture in general will transform America into a "gerontocracy." 

Wrinkled Workers Help Defuse Japan's Pension Time Bomb
August 26, 2012 | Bloomberg | Kanoko Matsuyama

The thought of retiring after more than four decades made Hirofumi Mishima anxious. Instead of looking forward to ending his three-hour daily commute, Mishima wanted to work, even if it meant another hour on the train.

Illuminations on Immunisation
August 10, 2012 | Irish Medical Times | Stephen McMahon

Every now and again you leave a symposium or a meeting where you know something important has happened: a light has been thrown on a problem that some people had not really noticed before and they are in a position to do something about it, and this illumination is in the best interests of patients — everywhere.

APEC Lends Support for Health Innovation, Eyes Greater Worker Productivity, Economic Sustainability
June 28, 2012

At APEC's High-Level Meeting on Health & the Economy in Russia in June, leaders committed to investing in health across the life course, as health is a critical economic asset.

AEGON Retirement Readiness Survey Finds Global Outlook for Future Retirement Bleak Without Immediate Action
June 7, 2012

The first AEGON Retirement Readiness Survey of 9000 respondents provides key findings:
  o  Current workers expect to be worse-off in retirement than current retirees
  o  Awareness of retirement responsibility not translating into action

Workshop to Explore Adult Immunization Strategies as a Pathway for Prevention and Wellness
May 31, 2012

Prague, Czech Republic – The rapid growth in aging populations across the globe leads to the need for more attention to the risks of disease and ways to keep us healthy and active as we age.  In this context, the success of childhood vaccination programs and schedules in both developed and developing countries should serve as models for both health and economic policy for adult immunization strategies.

How to Stop a Slow-Motion Disaster: Learning to Live With Global Aging     
April 26, 2012 | TIME | By Dan Kadlec

President Obama will host the G-8 nations next month at Camp David, and while it’s not clear exactly what will be on the agenda, it seems one thing won’t be: global aging, which — among other things — happens to be the mother of all retirement issues.

G-8 Should Tackle Issues of Aging
April 6, 2012 | Washington Post | By Michael Hodin

The world’s most significant social, political and economic development is its aging population. Little wonder that Europe has declared 2012 the year of active and healthy aging.

AEGON marks World Health Day 2012
April 4, 2012 

As a leading provider of life insurance, pensions and asset management, AEGON is actively engaged in understanding and positively transforming the financial and societal impact of global aging. 
Visit AEGON...

Challenges and Innovations for Public Policy and the Private Sector
March 30, 2012 | Council on Foreign Relations Program on Aging Populations

The World Health Organization has deemed "Aging and Health" the theme of this year's World Health Day, observed on April 4, recognizing its importance as a global issue.  As the United States moves toward a new demographic landscape, policy implications and innovation are likely to follow at home and abroad.  Michael Hodin, Robert Hormats and Jane Shaw discussed what's in store for a rapidly graying globe.
View video...

Fears Grow Over US Pension Crisis as Rhode Island's Debts Are Laid Bare
November 10, 2011 | The Guardian

The debt crisis engulfing local US governments could be even worse than first feared after a new report said Rhode Island's massive pension debt may have been severely underestimated.  The report comes amid a spate of municipal bankruptcies across the US. This week, Jefferson County in Alabama filed for bankruptcy protection, the largest municipal collapse in US history. 

The Next Challenge: Not Too Many People, But Too Few?
October 24, 2011 | Reuters

If the world follows the demographic habits of Europe -- and that's a big if -- by the year 2200 it could be home to a population of less than half its current level, living in housing built for almost three times that number.  With the global population estimated to pass 7 billion on Oct. 31, many of policymakers' short-term worries revolve around providing resources for the additional 2-3 billion people expected to be born in the next half-century.

There is no age limit in the fight for health  
September 18, 2011 | The Guardian

This week the United Nations is bringing together world leaders to discuss the global health crisis of non-communicable diseases (NCDs): strokes, cancer, heart attacks, lung disease and dementia. These diseases are on the rise like never before: by 2030, the World Health Organisation (WHO) predicts that the top four killers in the world will be NCDs.

Corporate Policy on Technology and Aging during Panel Session entitled "Global Dialogue on Aging"
September 14, 2011 | U.S. Department of State

On September 15th during the Asia-Pacific Economic Cooperation (APEC) San Francisco Conference at the Westin Hotel Jane Shaw, Chairman of the Board at Intel, will be discussing for the first time corporate policy on Technology and Aging during a panel session entitled “Global Dialogue on Aging.”  The dialogue includes Ambassador Kurt Tong, US Ambassador for APEC; John Beard, WHO (World Health Organization); Michael Hodin, Executive Director Global Coalition on Aging and Adjunct Senior Fellow, Council on Foreign Relations;  and Edwin Walker, Deputy Assistant Secretary, HHS.

U.S. advocacy group unveils action plan to address "aging crisis"  
June 16, 2011 | Xinhua News

WASHINGTON, June 15 (Xinhua) -- As the aging population has become a major concern in the developed world, a U.S. advocacy group on Wednesday rolled out an action plan aimed at transforming the "aging crisis" into prosperity.

In a Graying Population, Business Opportunity
February 6, 2011 | The New York Times 

It's not easy being gray. For the first time ever, getting out of a car is no picnic. My back is hunched. And I'm holding on to handrails as I lurch upstairs. I'm 45. But I feel decades older because I'm wearing an Age Gain Now Empathy System, developed by researchers at the Massachusetts Institute of Technology. Agnes, they call it.

Michael Hodin: The Ethics of Aging
December 3, 2010 | Acton Institute

Ethics, Aging, and the Coming Healthcare Challenge – that's the title of a conference on Thursday at the Pontifical Lateran University. Co-sponsored by the Pontifical Council for the Family and the Acton Institute for the Study of Religion and Liberty, the conference is discussing how different advances in science and society affect what it calls “inter-generational” solidarity.

The Silver Tsunami and Other Vulnerable Groups
October 25, 2010 | The InterDependent

“Global aging is the single most consequential issue of our time,” said Michael Hodin, a senior fellow at the Council on Foreign Relations….Hodin was one of four panelists at a luncheon held on Oct. 13 by the Business Council for the United Nations….The event…brought together leaders from the private and public sectors to discuss new vulnerable groups and whether they are part of the international agenda for economic recovery.

The Financial Time Bomb of Longer Lives
October 16, 2010 | The New York Times

First the good news: We're living longer, healthier lives than ever before. We're already so used to the idea of greater longevity, in fact, that it may seem ho-hum to learn that boys and girls born in 2008 in the United States have life expectancies of 75 and 81, respectively. Those life spans, however, represent a bonus of about three decades, compared with Americans born in 1900.

Debt and the Demographics of Aging
May 24, 2010 | The Washington Times

Greece's recent fiscal meltdown wasn't caused just by carefree government spending. It was an inevitable result of the country's aging population, which has long been accustomed to extravagant health care and retirement benefits. This is what happens when 19th-century policy prescriptions are applied to 21st-century realities.