{"id":27794,"date":"2025-01-14T14:52:11","date_gmt":"2025-01-14T14:52:11","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/2025\/01\/14\/preparing-for-the-longevity-megatrend-in-an-uncertain-world\/"},"modified":"2025-01-15T10:26:34","modified_gmt":"2025-01-15T10:26:34","slug":"preparing-for-the-longevity-megatrend-in-an-uncertain-world","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2025\/01\/14\/preparing-for-the-longevity-megatrend-in-an-uncertain-world\/","title":{"rendered":"Preparing for the longevity megatrend in an uncertain world"},"content":{"rendered":"
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As a new year dawns and we ponder what the next 12 months may hold for us as individuals and investors, one thing is for certain \u2013 some familiar challenges lie ahead.<\/strong> <\/p>\n<\/div>\n\n

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The International Monetary Fund (IMF)1<\/sup> unveiled its latest economic assessment the week prior to the US election, proclaiming a period of \u2018stable but underwhelming\u2019<\/em> global growth for the year ahead. The update also predicted a return to a more neutral monetary policy stance as inflation in most economies steadily falls towards target in 2025. <\/p>\n<\/div>\n\n

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The report acknowledged \u2018exceptional<\/em>\u2019 levels of uncertainty, which Donald Trump\u2019s subsequent return to the White House has done little to ease. Quantifying the impact of the Republican\u2019s victory is difficult at this stage, but a return to US protectionism and the prospect of trade wars certainly pose a threat to the global economy. <\/p>\n<\/div>\n\n

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A global phenomenon<\/strong> <\/p>\n<\/div>\n\n

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The IMF forecast also highlighted some structural challenges that are expected to temper global growth, with an ageing population amongst the most prominent. As well as impacting the economy and presenting an investment theme to capitalise on, the unfolding longevity megatrend is a global phenomenon, which presents a financial challenge at a personal level too as we live longer. <\/p>\n<\/div>\n\n

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Life goals<\/strong> <\/p>\n<\/div>\n\n

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Research2<\/sup> suggests most of us are vague when it comes to financing increased longevity \u2013 less than a third of 55 to 64-year-olds, for example, currently prioritise funding retirement. Preparation and setting life goals typically makes us feel more in control of, and optimistic about, our futures and is undoubtedly key to confronting the realities and practicalities of living longer. Such targets, though, do need to be focused beyond current life stages. <\/p>\n<\/div>\n\n

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Talk, support, plan, live<\/strong> <\/p>\n<\/div>\n\n

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Encouragingly, the research also found that people who use an adviser tend to be better prepared for later-life eventualities, whether that be financing retirement or providing support for loved ones. Considerations extend to emotional and practical, as well as financial. Another element of longevity is successful communication. Advice helps clients successfully navigate the financial landscape as well as encouraging them to engage family in financial conversations; we can support you on all counts \u2013 it\u2019s all in the planning! <\/p>\n<\/div>\n\n

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1<\/sup>IMF, 2<\/sup>Canada Life, 2024 <\/p>\n<\/div>\n\n

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The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.<\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

As a new year dawns and we ponder what the next 12 months may hold for us as individuals and investors, one thing is for certain \u2013 some familiar challenges lie ahead.  The International Monetary Fund (IMF)1 unveiled its latest economic assessment the week prior to the US election, proclaiming a period of \u2018stable but […]<\/p>\n","protected":false},"author":12,"featured_media":27917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89],"tags":[],"hd_content_source":[116],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/27794"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=27794"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/27794\/revisions"}],"predecessor-version":[{"id":27919,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/27794\/revisions\/27919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/27917"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=27794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=27794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=27794"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=27794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}