The world is experiencing a transformative shift – we’re living longer, and this longevity comes with exciting possibilities but also important financial considerations. The global longevity market is expected to reach $600 billion and yet, too little focus thus far has been devoted towards the financial implications of living longer.

Fortunately, leaders at 2023 The World Economic Forum have published a report on the foundation for a resilient financial future and are thus sounding the alarm on just how critical it is to rethink our financial strategies, particularly in retirement planning and lifelong learning.

Outliving our financial resources and underinvesting in learning throughout our lives is a recipe for economic and social disaster. In fact, by 2050, the global population over 60 is expected to reach 2 billion. This Silver Tsunami has profound implications for how we approach financial planning in an era of increased longevity.

Retirement Planning: Longer life expectancy necessitates a fresh perspective on retirement planning. The traditional notion of retiring at a certain age is evolving and we need to consider a more flexible approach. We can start by assessing our financial goals and create strategic plans that accommodate the prospect of a more extended retirement. Diversifying investments, exploring new income streams and optimizing Social Security benefits are key components of this approach.

Health Investments as Financial Strategies: Our health is an invaluable asset and as we live longer, investing in it becomes a crucial financial strategy. As a consumer of this longevity publication, you’re already well aware of the importance of prioritizing preventive care, maintaining a healthy lifestyle and incorporating wellness practices into your routine. This not only contributes to a higher quality of life but also helps manage healthcare costs in the long run.

Lifelong Learning as a Financial Asset: In a rapidly changing job market, the ability to adapt is a financial superpower. Lifelong learning is no longer just a personal development mantra; it’s a financial asset. If we’re living longer, we may choose to restructure the balance between work and our personal lives. We might take regular mini sabbaticals throughout our careers or even work 4 days a week for a longer period of time, enabling us to invest time with our kids or travel the world during our earlier years.

This means that we must embrace continuous learning to stay relevant in our careers, acquiring new skills and enhancing our employability. This proactive approach ensures that we’re well-prepared for the challenges and opportunities presented by the longevity wave.

Social Connections and Financial Well-Being: Beyond numbers and investments, the social aspect of life plays a pivotal role in financial well-being. We must cultivate strong social connections, both personally and professionally. Networking and maintaining a supportive community can open doors to opportunities, collaborations and a safety net that contributes to financial security. Social wealth is truly a priceless asset.

Living longer is a gift. By aligning our financial strategies with this new reality, we can turn it into a lasting legacy. As we rethink retirement, invest in our health, embrace lifelong learning and build social wealth, we not only secure our financial future but also enhance the overall quality and purpose of our extended lives.

The longevity wave is here – and as a society, we must consider the associated financial and learning implications so that we can ride it with wisdom and resilience.


  • Ryan Frankel

    Entrepreneur, Founder of This App Saves Lives, Mentor, Fitness Enthusiast, Proud Dad x2

    Ryan is the creator of Longevity Today (, a longevity and wellness newsletter. Ryan is a serial entrepreneur and most recently was the Founder of This App Saves Lives, ("TASL"), a mobile app-based solution that rewards undistracted driving behavior. Previously, Ryan founded the online nutrition coaching platform, EduPlated. He was the CEO and Co-Founder of VerbalizeIt, a language translation services company featured on Shark Tank and which was acquired in 2016. Ryan is an author, Wharton MBA alumnus, mentor, Inc. Magazine Top 35 Under 35 entrepreneur and an Ironman triathlete. You'll find him residing just outside of Philadelphia with his wife, two kids, Golden Retriever and pair of running shoes.