Wednesday, March 7, 2018
Japan seeks to become an 'ageless society'
'Ageless' is becoming a trend.
The country of Japan is working to match their society and its workforce to the reality of longer lifespans and lower birthrates.
Their new concept of an 'ageless society' recognizes that many people in the second half of life remain committed to working, and to contributing and growing their communities
“The general trend of uniformly seeing those aged 65 or over as elderly is losing credibility,” an outline of the new policy said. “The government will review the (current) standardization by age bracket and aim to create an ageless society where people of all generations can be active according to their wishes.” Read this article in The Japan Times
However, Japan continues to lag in entrepreneurship. Perhaps a worthy experiment - on a countrywide scale - would be to start small and start smart. Allow older people who would like to ease into retirement years to start small service businesses that cater to the needs of their peers, the large and growing population of seniors in Japan.
Small gains in peer-to-peer entrepreneurship, coupled with a graduated pension policy would help balance the macro-level needs of Japan's fiscal policy while inspiring older workers to continue contributing.
An ageless society needs ageless entrepreneurs.
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