The 100-Year Life

424 pages, 2017

Andrew Scott

Takeaways

Description

The 100-Year Life: Living and Working in an Age of Longevity tells how living to age 100 will have a tremendous effect on society and the economy, including forcing people to rethink retirement. Authors Lynda Gratton and Andrew Scott blend psychology and economics to show how you can redesign your life for a satisfying 100-year journey. Many people grew up believing that the road to success was to focus on completing education, finding a job, and then retiring from work around age 65. However, it's becoming clear that this three-step approach is crumbling--life expectancy is rising, final-salary pensions are vanishing, and many workers are switching jobs every few years.

Rethinking Life Stages

In The 100-Year Life, Andrew Scott suggests that we need to rethink the traditional life stages. Instead of the usual three stages of education, work, and retirement, he proposes a multi-stage life that includes new stages like re-education, second careers, and active retirement.

Importance of Lifelong Learning

Scott emphasizes the importance of lifelong learning. As we live longer, the skills and knowledge we acquire early in life may become obsolete. To stay relevant and productive, we need to continuously learn and adapt. So, take a look at your learning habits and see how you can improve.

Financial Planning for a Longer Life

The book explores the financial implications of living a 100-year life. It's not just about saving more, but also about investing wisely and planning for a longer retirement. If you want to enjoy your extended life, you need to start planning your finances now.

Health and Well-being

Living a longer life also means taking care of your health and well-being. Scott suggests that we need to invest in our health, both physical and mental, to ensure we can enjoy our longer lives. So, don't forget to check your health habits and find ways to improve.

Impact on Society and Economy

Finally, The 100-Year Life digs into the broader implications of longer lives on society and the economy. From changes in the job market to shifts in social structures, Scott's book gives us a glimpse into the future. It's a fascinating read for anyone interested in understanding how our world might change in the coming decades.

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Quotes 3

The 100-Year Life is a wake-up call that describes what to expect and consider it as a gift. It is a comprehensive view of what our life will look like in the future, and how we can shape it.

Lynda Gratton - Organizational theorist

The 100-Year Life is a thought-provoking exploration of the implications of increased life expectancy. It challenges us to question our current social structures and personal attitudes towards aging.

Richard Thaler - Behavioral economist

The 100-Year Life is a fascinating and important exploration of the role of longevity in shaping our society and economy. It is a must-read for anyone interested in understanding the future of our world.