How can we avert the global catastrophe awaiting our elderly?
Documentary Your 100-year life raises the alarm concerning life after retirement
About the film
Hurray, we are living longer. The bad news is pension systems are busting worldwide. With extensive old age poverty as a result. In The Netherlands the system is still solid, though inflation is hitting many pensioners here as well.
An incisive picture from all over the world The documentary Your 100-year life, by risk management professor and Cardano founder Theo Kocken, stages a mind-blowing representation of the parlous state of old-age provision, all over the world. Mixing personal stories and expert analysis with humour and optimism, in a unique way.
It’s not too late yet Your 100-year life shows how even the richest countries have been brought to this point. Yet, there are genuine grounds for hope. It’s not too late yet. Providing we rethink the concept of retirement in general, and of old age, the quality of life as a pensioner and financing it in particular. It will make your hundredth anniversary something to celebrate.
Your 100-year life: A film that explains why and how we should retire ‘retirement’.
While on the whole a highly professional, serious production, this new 55-minute “Your Hundred Year Life” film makes clever use of the Python humour presentation style to convey its messages. Theo Kocken has indeed shone bright lights on how poorly many societies are dealing with the reality of ageing, and happily, also on the steps we can take to do better
That message is delivered by Theo Kocken, professor of risk management at VU University and founder of Cardano, in his documentary Your 100-year life – (n)ever retire? ‘The risk in old age is not dying. The real risk, financially speaking, is living, living to 100,’ says Larry Kotlikoff, Boston economics professor at the beginning of the film. This sets the tone: the traditional idea of retirement around age 65 must be jettisoned because it is unaffordable with increasing life expectancy.
Professor Theo Kocken questions retirement with film.
With his film, Kocken hopes to get working people thinking about how they can continue to do so for as long as possible. Not just from a financial perspective. Kocken: ‘It also prevents social isolation, slows mental and physical deterioration and gives more meaning to your later phase of life.’
The current concept of retirement has stopped working.
Over the past forty years, life expectancy in the Western world has increased by roughly ten years. But we do too little to prepare people financially, physically and mentally for a meaningful, longer life. There is hardly any guidance to a later stage of life. This is because of the ingrained concept of abrupt retirement – and something can be done about it.