aarp international THE JOURNAL2016 Reweaving the Fabric of Society FINANCIAL RESILIENCE HEALTH SECURITY LIVABLE COMMUNITIES BUSINESS OF AGING Age-Friendly Vision for Taiwan A Legacy of Care A New Measure of Seeing a Need for Change Jobs for Korean Boomers Surprising Effects of Ageism Age-Friendliness Improving Retirement Retirement Careers for Women The Under-Connected Age-Friendly Indicators: Readiness Ecosystem of Elders A New Guide Heyday for Older Koreans Brain Health Re-Framing Issues in Aging The EU Covenant THEJOURNAL featured contributors / 2016 PRINT EDITION Catherine Collinson Lilian Myers David Rothkopf President, Transamerica Institute, Leader, Apple + IBM Global Aging CEO and Editor, The FP Group Executive Director, Aegon Center for Industry Portfolio Longevity and Retirement David J. Rothkopf oversees all editorial, Lilian Myers leads IBM’s Aging product publishing, events, and other operations Catherine Collinson is President of portfolio in the Apple+IBM Partnership of the company, which publishes Foreign Transamerica Institute, a nonprofi t, program announced in 2014. Lilian joined Policy magazine. He is also the President private foundation dedicated to IBM following 25 years of executive and CEO of Garten Rothkopf, an conducting research and educating responsibility for products, marketing, international advisory company based the public about on retirement, health strategy, and internationalization in in Washington, DC. coverage, and other relevant fi nancial healthcare technology, ecommerce, and issues facing Americans today. With health insurance companies. two decades of retirement industry experience, she has become a nationally Hannah J. Swift recognized voice on retirement trends. Centre for the Study of Group Phumzile Mlambo- Processes, School of Psychology, Ngcuka University of Kent Benjamin Hong UN Under-Secretary-General and Hannah J. Swift is a research fellow at the CEO, Cigna Korea (LINA) Executive Director, UN Women School of Psychology, University of Kent. Her research focuses on ageism, attitudes Phumzile Mlambo-Ngcuka brings a Ben Hong has successfully led years of to age and age stereotypes, and it has been wealth of experience and expertise to business growth and expansion as an disseminated widely to academic and her position, having devoted her career innovative market leader. He brings policy audiences. She is a core member of to issues of human rights, equality 30 years of diverse, multinational EURAGE, which contributed to the design and social justice. She has worked in business experience in the fi nancial and analysis of the “Ageism” module in the government and civil society, and with services industry, including Sun Life European Social Survey. the private sector, and was actively Financial, MetLife, and Prudential, with involved in the struggle to end apartheid a primary focus on the global insurance in her home country of South Africa. marketplace. Tom Wright Group CEO, Age UK Anne-Sophie Parent Mao Chi-kuo Prior to joining Age UK, Tom Wright Secretary General, Premier, Executive Yuan, was CEO for nearly 7 years of AGE Platform Europe Republic of China (Taiwan) VisitBritain, the National Tourist Board, Anne-Sophie Parent is Secretary General promoting Britain around the world. Mao Chi-kuo is the current Premier of the of AGE Platform Europe, a EU network He has a marketing and commercial Republic of China (ROC). Before entering representing directly 40 million people background having worked on such politics, he pursued an academic career. aged 50+ across the EU-28 which she has brands as KP, Anchor and Carlsberg. He held various government posts before been leading since 2002. Tom was awarded a CBE in 2007. becoming Minister of Transportation and Communications in 2008. Laurence Rossignol Alex Wynaendts Minister of State for Family, CEO, Aegon Henry Kim Childhood, Elderly People and Chief Operating Offi cer, Adult Care, France Alexander R. Wynaendts is CEO Senior Partners Inc. and Chairman of the Executive and In April 2014, Laurence Rossignol Management Board of Aegon, a leading Henry Kim joined Senior Partners Inc. was nominated by the Prime Minister provider of life insurance, pensions in 2007 after a career at major securities Manuel Valls to be part of his and asset management operating in fi rms (Daewoo and Kyobo) in various government. She received her more than 20 markets internationally. marketing roles. He is an expert in life- current appointment in 2015 and is Appointed to his current position in long learning, working to enhance the committed to reforming policies for 2008, he has spent over 30 years in quality of life of Korean seniors. the elderly in France. international fi nance and insurance. 12 feature MILLENNIALS SHAPE AGING Paul Irving IIff ddemographyemography iiss ddestiny,estiny, tthenhen mmillennials,illennials, ccurrentlyurrently iinn Chairman, Center for the Future of Aging, ttheirheir llateate tteenseens ttoo mmid-30s,id-30s, wwillill iinheritnherit tthehe cchallengeshallenges aandnd Milken Institute oopportunitiespportunities ooff a rrapidlyapidly aagingging wworld.orld. WWithith iitsts ccreativityreativity aandnd aabilitybility toto tackletackle ccomplexomplex pproblems,roblems, tthehe mmillennialillennial ggenerationeneration ccouldould bbee tthehe oonene ttoo ssolidifyolidify nnewew iideasdeas aandnd nnormsorms ttoo iimprovemprove llongeronger llives.ives. 40 health security A LEGACY OF FFoundedounded iinn 11995995 oonn tthehe iinitiativenitiative ooff HH.M..M. QQueenueen SSilviailvia ooff SSweden,weden, thethe nonprofinonprofi t foundationfoundation StiftelsenStiftelsen SilviahemmetSilviahemmet CARE sseekseeks ttoo iimprovemprove tthehe qqualityuality ooff llifeife fforor ppersonsersons aaffectedffected bbyy ddementiaementia aandnd fforor ttheirheir ffamilies.amilies. HHerer MMajestyajesty ddiscussesiscusses H.M. Queen Silvia of Sweden hherer wworkork tthroughhrough SSilviahemmetilviahemmet aandnd tthehe legacylegacy sshehe hhasas hhelpedelped achieveachieve tthere.here. 80 business of aging SEEING A NEED FOR CHANGE Neil Blumenthal WWarbyarby PParkerarker isis a ttransformativeransformative llifestyleifestyle bbrandrand tthathat ooffersffers ddesigneresigner eeyewearyewear aatt a rrevolutionaryevolutionary pprice.rice. TheThe company’scompany’s co-co- Co-Founder and Co-CEO, Warby Parker ffounderounder aandnd cco-CEOo-CEO sshareshares hhisis tthoughtshoughts onon thethe importanceimportance ooff ssocially-consciousocially-conscious businessesbusinesses likelike WarbyWarby ParkerParker iinn ccreatingreating positivepositive changeschanges fforor ppeople,eople, iincludingncluding thethe elderly,elderly, aallll ooverver tthehe wworld.orld. in this issue 40 59 80 FINANCIAL RESILIENCE 45 59 Surprising Effects of Ageism A New Measure of 28 Addressing the Negative Age-Friendliness Age-Friendly Vision Consequences of Age Stereotypes AARP's New Livability Index for Taiwan by hannah j. swift by jana lynott An Interview with Premier Mao Chi-Kuo of the Republic of China 49 63 The Under-Connected Age-Friendly Indicators: 31 Ecosystem of Elders A New Guide Jobs for Korean Boomers Using Technology to Turn Assessment and Monitoring are The Baby Boom Generation Faces Crisis into Opportunity Key in the New WHO Guide to Challenges in an Aging Korea by lilian myers Age-Friendly Communities by henry kim by megumi kano and paul rosenberg 54 36 Brain Health Retirement Careers AARP Launches New Global 65 for Women Collaborative Re-Framing Issues in Aging Meeting Expectations for Post Work Life by sarah lenz lock A Framework in the UK Helps Cities by catherine earl Develop Age-Inclusive Programs by sophie handler 39 56 Global Innovations Collaboration on 67 Age-Friendly Banking De Hogeweyk: An Innovative by bradley schurman "Dementia Village” in the Case Studies in Aging Netherlands Insights into Global Age-Friendly Needs HEALTH SECURITY LIVABLE COMMUNITIES 74 40 58 The EU Covenant A Legacy of Care Evaluating Age-Friendly A European Network Supports An Interview with H.M. Queen Progress Around the World Age-Friendly Goals Silvia of Sweden by natalie turner by anne-sophie parent 2 78 DEPARTMENTS & FEATURES 96 Global Innovations 5 Untapped Opportunity HenPower: Using Animal-Assisted From the Editor in Aging Therapy to Engage Seniors Older Workers — the Ultimate Answer to America’s “Retirement Problem” 8 by david rothkopf BUSINESS OF AGING A New Vision for Living and 80 Aging in America 98 An Excerpt from the Forthcoming Seeing a Need for Change Book, Disrupt Aging The Future of Warby Parker’s Successful by jo ann jenkins Accessibility Innovation Mission-Driven Business Model Winning Entry from the FP Global Helps Older People Everywhere Demographics Student Essay Contest by neil blumenthal 12 by fi lip borovsky Millennials Shape the 84 Future of Aging 100 Improving Retirement Teens to 30-Somethings Are Uniquely Poised to Revolutionize The Promise of Aging Readiness Reweaving the Fabric of Society the Aging Experience Greater Longevity Makes by paul irving by debra b. whitman Retirement Reform a Necessity by alex wynaendts and catherine collinson 16 104 Challenges Facing Spotlight: Kirk Douglas 88 Older Women Heyday for Older Koreans Addressing the Pressing Need for Global Gender Equality and Cigna Korea Creates a New 50+ Women’s Empowerment Membership Program by benjamin hong by phumzile mlambo-ngcuka 90 19 Growing Older in Australia Shifting the Aging Business Opportunities Abound Paradigm in an Aging Australia The French Government is Deeply by philip taylor and Committed