Lifespan leap raises care problems
Today's 20-year-olds are twice as likely as their parents to reach the age of 100, a new analysis of Britain's rapidly ageing population reveals today.
A girl born this year has a one-in-three chance of becoming a centenarian, and a boy a one-in-four chance, the research by the Department for Work and Pensions discloses.
A girl born in 1931 had only a 5 per cent chance of reaching her century, with the figure dropping to jut 2.5 per cent for boys.
On current trends there will be half a million people aged 100 or over by the year 2066.
Steve Webb, the Pensions minister, warned that the huge advances in average lifespans meant people would need to save more for a retirement that could stretch into an 11th decade.
He said: "The dramatic speed at which life expectancy is changing means that we need to radically rethink our perceptions about our later lives. We simply can't look to our grandparents' experience of retirement as a model for our own."
Life & Style blogs
Childcare 'not just a women's issue,' says shadow minister as she sets out her 'dadifesto'
Who is Teresa Fidalgo? Debunking the fake ghost story that's got Instagram spooked
The 10 Best juicers
Grim second life of the 'breastaurant': The oft-loathed sector is booming in the States thanks to Hooters, Twin Peaks and Tilted Kilt
The 10 Best food processors
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
- 3 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 4 UK weather: 'Coldest night of the year' tonight as freezing temperatures plummet to -10C
- 5 Game of Thrones is most-pirated TV show of 2014
£32000 - £40000 per annum: Recruitment Genius: A Business Manager is required ...
£45000 - £55000 per annum: Recruitment Genius: This is an exciting opportunity...
£20000 per annum: Recruitment Genius: Panel Wireman required for small electro...
£25000 - £27000 per annum: Recruitment Genius: An SME based in East Cheshire, ...