‘Age Wave’ expert speaks at 2009 annual meeting
/in UncategorizedCommunity Hospital of the Monterey Peninsula Newletter
MONTEREY , Calif. — Advances in medicine, public health, and lifestyle management have set off a demographic shift that’s crested into an “age wave” of baby boomers and mature adults. Author, futurist, and entrepreneur Maddy Dychtwald is a leading expert on this population bubble and how it is transforming every aspect of our personal, social, financial, and political lives.
Dychtwald will share that expertise as keynote speaker at the joint annual meeting of CommunityHospital of the Monterey Peninsula’s Auxiliary and Community Hospital Foundation on January 30. Before Dychtwald’s talk, Steven Packer, MD, president/CEO of Community Hospital, will deliver a state-of-the-hospital address, review highlights of 2008, and discuss what’s ahead this year.
More than two decades ago, Dychtwald and her husband, Ken, co-founded Age Wave, a research and consulting firm focused on the aging of the population and its profound implications. Drawing on her research, analysis, and observation, Dychtwald has concluded that age is becoming less relevant in defining who we are and how we live our lives. Throughout most of history, she says, life was short and people lived a predictable linear life plan: First they learned, then they worked, then they rested and died. That was life. But that model of life is quickly changing as life expectancy soars and the boomer generation begins to hit their so-called mature years, she says.
Rather than follow a linear path, Dychtwald says, people now can go back to school at 40, 60 or 80, have second and third careers, and reinvent their retirement years. She has written about this cyclic approach to life in her book, Cycles: How We Will Live, Work, and Buy.
“We cycle into different life stage events not based on how old we are,” she writes, “but based on what we feel like doing. Age no longer defines who we are.”
Dychtwald is working on her third book, Power Shift: How Women’s Soaring Economic Power Will Change the World, scheduled for publication in January 2010. During her career, she has addressed more than 250,000 business leaders worldwide including a diverse group of clients such as Allegiance Healthcare, A.C. Nielsen, Blue Cross of California, Chevron, and Fidelity Investments. She also has been featured in articles in leading newspapers and magazines nationwide, including Advertising Age, Chicago Tribune, Los Angeles Times, Miami Herald, and US News and World Report, and has appeared on many radio and television programs.
She and her husband and their two children live in the San Francisco Bay Area.
As boomers age, focus should be on keeping folks healthy
/in UncategorizedWith Americans living longer than ever, many medical policy experts say it’s critical that the health-care system undergo a shift from a focus on treatment of diseases to preventing them.
Life expectancy at birth in 2006 rose to a record 78.1 years nationwide as mortality rates fell in almost all leading causes of death, according to preliminary data from the Centers for Disease Control and Prevention’s National Center for Health Statistics.
But some in the medical community worry that the U.S. health-care system isn’t designed properly to handle a flood of aging residents as the first members of the baby-boomer generation begin to reach retirement age.
“The question is how’s that longevity going to look like: people living 30 more years with poor health and sedentary lifestyles not being able to enjoy life, work, see family and enjoy their time on earth?” asked Maddy Dychtwald, co-founder of AgeWave Inc., a San Francisco-based think tank.
“The other scenario is: We can create a new way of looking at aging, so we can hold off or prevent many of the diseases that happen to us as we get older,” said Dychtwald, whose group studies aging of the population and what it means for business.
Live Well, Live Sensibly
Dychtwald’s observation was echoed in a commentary in this month’s Academic Medicine, a journal of the Association of American Medical Colleges.
Instead of the current system’s disease-oriented, reactive and sporadic approach to care, Drs. Ralph Snyderman and Ziggy Yoediono of Duke University suggest a movement toward an approach that emphasizes personalized medicine and strategic health planning to prevent disease and maximize health.
A separate study last month from the Trust for America’s Health found that Tennessee could see annual savings of $351 million, or a 6-to-1 return, within five years of investing $10 per person a year on disease prevention. Targets might include programs related to boosting physical activity, improving nutrition and quitting smoking.
The 2006 increase in life expectancy the CDC found in its study – a jump of four months versus the previous two-to-three months annual average – reflected a drop in mortality rates for causes of death such as heart disease, cancer, accidents and diabetes.
But Dychtwald said that although strides are being made in extending life, much remains to be done to ensure that it’s a life worth living.
For instance, more changes are needed in the way that health care is reimbursed to emphasize and reward prevention over sick care, Dychtwald said. More emphasis also needs to be placed on encouraging behavior in people, including eating a healthy diet, exercising and managing stress, to help build resistance to various diseases.
That implies individuals taking more personal responsibility for their health care.
“The doctor can’t stand next to you and say eat less fatty foods, eat more whole grains and veggies,” Dychtwald said. “It’s something you have to do for yourself.”
Coming Soon: A Future To Make the Present Look Like the Good Old Days
/in UncategorizedThe Age
June 25, 2000
Coming Soon: A Future To Make the Present Look Like the Good Old Days
By JANICE BREEN BURNS
FASHION EDITOR
Visiting US futurist Maddy Kent Dychtwald is a dab hand at dispensing dire warnings. It’s all in the delivery; so relaxed and nice you barely notice she’s actually saying that one day, the chances are you’ll be very old, very poor, and probably very despised by your children and grandchildren. If you don’t change your ways.
Dychtwald was the key speaker at last week’s Mercedes Benz Women’s Forum, Trend Spotting, at Melbourne’s Grand Hyatt hotel.
In the US she is an authority on consumer marketing trends, especially those that alter and affect us as we age. She spots macro social and economic trends, examines their links to each other, then predicts what their outcomes will be in 10, 20 or even 50 years.
Trends, for instance, such as we’re retiring earlier, living longer (she said many of us will live to be 100, thanks to biotechnical breakthroughs) and are producing fewer babies to grow up and pay the taxes needed to fund the inevitable gaps between superannuation, social security capacity and life expectancy.
Our whole social security structure was designed at a time when people were expected to die at 65.
She said that in the US, presidential candidates are refusing to tackle the discrepancy – pretending it’ll all go away – and this would have dire consequences in the future.
You think it’s all so unfair right now; here we are, killing ourselves, working, bringing up kids, paying the mortgage, high taxes, while all these mature, healthy adults are (retired) on a perpetual vacation. Well, just wait until Generation X – a small generation by the way, a diminishing generation – has to pay for your old age. That could be 30, 40 years. All that playing golf, pottering in the garden, doing a little volunteer work in retirement, must change. It is so unfair to do that to our children. Do you think they’ll want to pay heavier and heavier taxes to fund our retirement when we’re still healthy and capable to work?
Dychtwald’s crystal ball does not reveal all bad news. But she believes drastic changes must be made – now – if her dire warnings are not to bear some sour fruit, including ‘age wars’ in which different generations actively resent and withhold resources from each other – it’s starting to happen now.
Significantly delaying the age of retirement, encouraging workers to save and invest more wisely, and raising taxes now to fund the future are some of her solutions.
Changing the perception that retirement is just one long holiday is another.
Older adults can be useful. They have a lot to offer.
Older adults can be useful, says Dychtwald. They have a lot to offer – their values, wisdom, experience. We’ll see a lot more of them consulting for business, working in the community. And for free. I think it should be government-mandated that over 65s provide free child care. Why not? Your government seems to want to encourage women to stay barefoot, pregnant and at home. They’ve made child care so difficult! Why not ask older people to provide day care for free?
She even ventured that this might encourage more women to have children. And isn’t that what your government wants anyway?
She predicts that combining children and work will become easier as the “virtual workplace” becomes more common.
There is already a new airline in the states – Blue, I think it’s called – that has a booking system completely manned by people at home.
Dychtwald predicts a golden future for religion and spirituality as more baby boomers move towards old age and death.
In a materialistic, market-driven world, and with all these technologies around, I think people want more control, and they want to know there’s something more meaningful, something bigger out there than just this. Baby boomers are starting to see their parents disabled and dying . . . they want to know, what does it all mean?
She managed to extrapolate future trends in architecture from our need for spirituality. There’s our need to simplify, to get away from all this media – it’s all about money, all about stuff. And it’s nauseating!
Predictions
- Bio-technical breakthroughs now mean more of us will live to 100.
- Baby boomers must work harder and longer to fund their mature years or their children and grandchildren will resent the extra tax burden levied on them.
- Workplace gains like maternity and paternity leave, flexible hours, job-sharing and the “virtual workplace” will become more common, with more employees working from home.
- People will retire later and retirees will continue to work and contribute to their community.
- Religion and spirituality will increase in popularity.
- Surgical and non-surgical cosmetic enhancement will continue to boom.
- The trend to simplify life will extend to architecture: big will become less desirable than small, and detail oriented.
Contact Information
Elyse Pellman
President
epellman@agewave.com
(510) 899-4006
WSJ Popular Posts
Americans Believe in Talking About End-of-Life Issues. They Just Don’t Do It.
*WSJ Top Post of 2018*
The High Cost of Financially Helping Children Into Adulthood
Aging Boomers Aren’t Financially Prepared for Widowhood
*WSJ Top Post of 2018*
