Future Proofing the Longevity Economy 2025

Page 44 of 57 · WEF_Future_Proofing_the_Longevity_Economy_2025.pdf

The evolving nature of work and longer life expectancies demand financial systems that support individuals throughout their multistage lives. Public- and private-sector collaboration is essential to ensuring that career transitions – whether planned or unexpected – do not lead to financial instability. To create resilient financial pathways for the multistage life, important actions include:5.4 A path forward 1. Support lifelong skill-building and career mobility Expanding access to continuous education and reskilling programmes to enable workers to adapt to evolving labour markets. 2. Encourage phased retirement and flexible work structures Offering structures that allow individuals to work in a reduced capacity while maintaining income security and essential benefits. 3. Enhance financial protections for non-traditional workers Creating tailored retirement savings, insurance and emergency support structures for gig workers, freelancers and those in informal employment. 4. Strengthen public policy guardrails for financial stability Establishing robust protections and benefits to support individuals navigating career transitions or other life events that mean they are unable to work for a period. 5. Enable carer-related career transitions Providing resources and workplace flexibility for carers to mitigate the financial strain of unpaid care responsibilities. Future-Proofing the Longevity Economy: Innovations and Key Trends 44
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