Welcome to the word some of us have been waiting for.
Meaning ‘young old.’
As a recent article in ‘The Economist’ explained –
The year 2020 will mark the beginning of the decade of the yold, or the ‘young old’, as the Japanese call people aged between 65 and 75. The height of the baby boom, the period of high fertility in rich countries after the second world war, was 1955-60. The traditional retirement age is 65, and 2020-25 is 65 years later. One might therefore expect peak retirement for baby-boomers in the coming years—except that they are not retiring. By continuing to work, and staying socially engaged, the boomers, in their new guise as the young old, will change the world, as they have done several times before at different stages of their lives.
The yold are more numerous, healthier and wealthier than previous generations of seniors. There will be 134m 65- to 74-year-olds in rich countries in 2020 (11% of the population), up from 99m (8%) in 2000. That is the fastest rate of growth of any large age group. Health worsens with age, but the yold are resisting the decline better than most: of the 3.7 years of increased life expectancy in rich countries between 2000 and 2015, says the World Health Organisation, 3.2 years were enjoyed in good health. The yold are also better off: between 1989 and 2013, the median wealth of families headed by someone over 62 in America rose by 40% to $210,000, while the wealth of all other age groups declined.
If you’re a member of this special group, why don’t you celebrate by treating yourself and your partner to a special combined ‘learn by travel’ package offered by ‘Ireland Writing Retreat.’ Even if your partner is not interested in writing, you both can still come together to the most beautiful part of the Emerald Isle, home of myth and legend, and your partner can enjoy with you the many excursions during the retreat week, including a castle tour, an island trip by ferry, an authentic Irish food tasting in a 100-year-old thatched cottage overlooking the gorgeous ‘Wild Atlantic Way,’ not to mention traditional Celtic music and dance performances.
Grab the opportunity now and access an exclusive offer. Only THREE short days left on this very special offer. Ends midnight December 31. If you would like to avail of this offer, become a Friend of the retreat by simply sending us an email now so we can send you the instructions on how to complete the registration.