Why Aging is the New Frontier Market
About this episode
Michael Hodin discusses the implications of an aging population and the potential of the Silver Economy.
Japan already sells more adult diapers than baby diapers, a stark harbinger for a rapidly aging Malaysia. By 2040, the national support ratio is projected to collapse to just five working adults for every senior, signaling a fiscal crisis unless longevity is reframed as a frontier marketplace. Michael Hodin, CEO of the Global Coalition on Aging (GCOA), joins the Breakfast Grille to discuss the $22 trillion Silver Economy. We explore why he believes the next 30 years of global growth will be driven not by the youth, but by a demographic that holds the lion’s share of disposable income. Is it time for a corporate "Aging Strategy" that goes far beyond bathroom grab bars. See omnystudio.com/listener for privacy information.
People in this episode
Host: BFM Media
Guest: Michael Hodin
Topics covered
- aging population
- Silver Economy
- demographics
- longevity market
- corporate strategy
Keywords
- aging
- Silver Economy
- demographics
- longevity
- market growth
Mentioned in this episode
Organizations: Global Coalition on Aging
Places: Japan, Malaysia
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