Some cash in early to meet growing and sophisticated senior demand They include savvy travel agencies, an eldercare product maker and a 'virtual retirement village'

A bank spokesman said the product was designed to give seniors flexibility in their finances. Besides managing their finances, seniors are becoming aware of "age-well" products that support ageing-in-place through media and government campaigns, said Geared For Life. Ageing Asia's fou...

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Bibliographic Details
Published inThe business times (Singapore)
Main Author Tan, Sheena
Format Newspaper Article
LanguageEnglish
Published Singapore SPH Media Limited 28.07.2014
Subjects
Age
Aging
Baby boomers
Older people
Travel
Vacations
Singapore
Europe
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Summary:A bank spokesman said the product was designed to give seniors flexibility in their finances. Besides managing their finances, seniors are becoming aware of "age-well" products that support ageing-in-place through media and government campaigns, said Geared For Life. Ageing Asia's founder and managing director Janice Chia said that instead of a physical retirement home, virtual ones like Aspire55, which offers its services out of an activity hub called a wellbeing innovation lab, would suit Singapore as most of the population have their own flats.