by 
Robert Harper, Member, AEA Board of Directors
Longevity is an opportunity. Just think about the benefits of people living and working longer. Not only are we adding years to life, but we are also adding “life” to years. This means we have more time to contribute to the world around us and engage with the people we love.
An extended life expectancy means more time to pursue passions, develop skills, and build meaningful relationships. It offers the chance to see our children and grandchildren grow, to explore new hobbies, and to travel the world. With advances in healthcare and technology, the quality of those extra years has significantly improved. People are staying healthier and more active well into their later years, transforming what it means to age.
The impact of increased longevity on work and life is profound. For the first time in history, the 16-24 and 55+ age groups are competing for the same jobs. This convergence is driven by older candidates finding re-employment difficult after redundancy or taking personal time away from work. However, this dynamic also presents an unparalleled opportunity for intergenerational learning and mentorship.
Having five generations in the workforce simultaneously is a unique phenomenon. It is arguably the most educated multi-generational economy, with the ability for mutual teaching and mentoring. Both younger and older employees bring unique perspectives, experiences, and wisdom. This synergy can drive innovation and create a more dynamic work environment.
Are You Ready?
Adjusting to this new reality requires a shift in mindset. Ageism, a form of discrimination based on age, is a swinging door that impacts people across the age spectrum–early career entrants as well as those who have been in the workforce for several decades. To make the most of our extended lifespans, we must address and combat ageism in all its forms.
Employers need to recognize the value of a diverse age range in their teams. They should foster inclusive workplaces where employees of all ages feel valued and respected. This includes offering flexible work arrangements, opportunities for continuous learning, and pathways for career advancement at any age.
We have an opportunity to ensure this great time in history is not wasted. It takes each and every one of us to change the world. Embracing longer life expectancies means rethinking our approach to education, work, and retirement. It means creating systems that support lifelong learning and adapting to the evolving needs of an aging population.
For individuals, it’s essential to plan for a longer life by staying healthy, financially secure, and socially connected. Engaging in physical activity, maintaining a balanced diet, and nurturing relationships can significantly enhance the quality of life in later years. Financial planning for retirement should start early and be revisited regularly to ensure it aligns with an extended lifespan.
Living longer is not a threat but a tremendous opportunity. It allows us more time to contribute to society, pursue our passions, and enjoy the company of loved ones. By addressing ageism, fostering intergenerational collaboration, and planning for an extended life, we can make the most of this new era of longevity. Let’s seize this moment to create a world where longer lives mean richer, more fulfilling experiences for everyone.
Robert Harper is a seasoned healthcare operations professional who believes that community drives change in the world. He is currently a Division VP, Operations for a publicly traded company that is critical to healthcare tech, services, and solutions. He joined AEA’s Board of Directors in 2023.
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