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http://www.channelnewsasia.com/news/singapore/most-elderly-singaporeans/1415888.html

 

 

A report by the Institute of Policy Studies found that 80 per cent of respondents said they felt confident their needs will be taken care of as they grow older.

SINGAPORE: Most elderly Singaporeans have a positive outlook about the prospect of growing old in Singapore, according to a report released on Wednesday (Oct 15) by the Institute of Policy Studies (IPS).

The majority of respondents – about 80 per cent – said they felt confident their needs will be taken care of as they age. About 70 per cent said they look forward to each new day and feel there is meaning in their life, while 60 per cent said they look back on their lives with a sense of happiness.

Still, there are concerns. Only 37 per cent of respondents agreed with the statement that "in general, most elderly Singaporeans have little to worry about", and 46 per cent rated their financial adequacy as average or poor.

According to the report, quality of life starts dropping from the age of 65 – far earlier than a study done in the United Kingdom, where quality of life starts declining from the age of 75.

The majority of respondents said their social networks and activities revolved around family, with nearly 90 per cent saying they have get-togethers with their family at least once a month. Less than 10 per cent engaged in social activities through attending a course, participating in grassroots or community activities or using a senior activity centre, within a month.

CHANGING DEMOGRAPHICS

The report’s researchers said that with changing demographics, the elderly of the future will be better educated and financially more prepared for retirement.

The challenge is to actively engage older Singaporeans in the community, they said, recommending that there be more options for the elderly to volunteer their time and expertise as well as more community-based activities.

With the growing number of singles and childless couples, the researchers also said the traditional expectation that the needs of the elderly can be taken care of by their families has to be debunked. Instead, there needs to be sufficient infrastructure for ageing in place and community social support for those who grow old in the absence of extended family support.

The study, commissioned by the Council for Third Age, which promotes active ageing here, covered more than 2,000 people between the ages of 50 and 74 years. The report is jointly authored by IPS Senior Research Fellow Mathew Mathews and NUS sociology professor Paulin Tay-Straughan.

- CNA/cy

 

Aside from reading this as a piece for increasing the age of retirement, but somehow the numbers don't seem to match...80% confident, 37% feel little to worry, 46% ave or poor finances?

 

Generally on the ground, I find the elderly more negative about their futures. Sitting in older estates kopi tiam can hear alot of stories...

 

Also wondering whats the rational in determining our life starts dropping at 65?

Edited by Nonpareil
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http://www.channelnewsasia.com/news/singapore/most-elderly-singaporeans/1415888.html

 

 

Aside from reading this as a piece for increasing the age of retirement, but somehow the numbers don't seem to match...80% confident, 37% feel little to worry, 46% ave or poor finances?

 

Generally on the ground, I find the elderly more negative about their futures. Sitting in older estates kopi tiam can hear alot of stories...

 

Also wondering whats the rational in determining our life starts dropping at 65?

errr...because of the recent PG package? or only ask ANGMOK speaking elderly which normally more well to do..LOL

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Supercharged

Report released by IPS. 80 respondents.

 

Afew qtns: -

IPS not fm University of Society. How in touch w common folks?

 

Backgrd of respondents. Fm lower income or financial aid?

 

What's the population of aged in Spore?

 

80 can represent them?

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http://www.channelnewsasia.com/news/singapore/most-elderly-singaporeans/1415888.html

 

 

Aside from reading this as a piece for increasing the age of retirement, but somehow the numbers don't seem to match...80% confident, 37% feel little to worry, 46% ave or poor finances?

 

Generally on the ground, I find the elderly more negative about their futures. Sitting in older estates kopi tiam can hear alot of stories...

 

Also wondering whats the rational in determining our life starts dropping at 65?

 

Quote : "Most elderly Singaporeans have a positive outlook about the prospect of growing old in Singapore"

 

Yes, they have the positive outlook when they start their journey at 45yrs.... -_-

 

But, 10 yrs down the road till he reach 55yrs, the 'goal post' aka RA keep shifting position. :huh:

 

Thats where frustration steps in ... [sweatdrop]

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