24 Oct Book Review: The 100-Year Life: Living and Working in an Age of Longevity
How do you feel about the prospect of living to age 90 or even 100? Does the thought of working for 60 or 70 years fill you with dread? Or can you see the potential for a more stimulating future as a result of having so much extra time?
Many of us have been raised on the traditional notion of a three-stage approach to our working lives: education, followed by work and then retirement. But this well-established pathway is already beginning to collapse; life expectancy is rising, final-salary pensions are vanishing and increasing numbers of people are juggling multiple careers. Whether you’re 18, 45 or 60, you’ll need to do things very differently from previous generations.
Drawing on the unique pairing of their experience in psychology and economics, Lynda Gratton and Andrew Scott offer a broad-ranging analysis as well as a raft of solutions. They show how to rethink your finances, your education, your career and your relationships to create a fulfilling 100-year life.
The 100-Year Life is a wake-up call that describes what to expect and considers the choices and options that you’ll face. It’s also fundamentally a call to action for individuals, politicians, firms and governments and offers the clearest demonstration that a 100-year life can be a wonderful and inspiring one.
If you’re in your twenties or thirties you have a long stretch of time ahead to shape things differently. If you’re in your forties, fifties or sixties then you need to reconsider your future and think about how you’ll reinvest in the second half of your life. Failure to innovate in response to a longer life may lead to stresses and strains, as existing models are stretched uncomfortably over 100 years!