As many as half of 5-year-olds in the United States can now expect to live to 100, a population that is projected to swell in the decades ahead. Longer lifespans don’t guarantee a financially secure later life, however. If anything, in the absence of significant planning, extreme longevity may make financial security harder to attain.

More than twice as many companies are offering workplace financial wellness programs to employees today compared to four years ago (53% vs. 24% in 2015), according to Bank of America’s ninth annual 2019 Workplace Benefits Report.

The world is getting older. Children born in the developed world today can anticipate living to 100 and beyond, and those of us arriving at old age in good health stand a very good chance of living into our 90s. These shifts will change the workplace environment, and also offer companies new economic opportunities.

The New York Academy of Medicine, Global Coalition on Aging, AARP New York, and Bank of America Merrill Lynch Release Symposium Insights and Action Items, Launch Financial Wellness Resource Guide New York (June 15, 2018) – A new report released today by The New York Academy of Medicine and the Global Coalition on Aging focuses on financial wellness…