Challenges posed by an ageing population

PETALING JAYA: As the average working Malaysian struggles with the rising cost of living, stagnant wages and low savings or none, a pertinent question to ask is: how will they cope when they retire?

The question becomes more frightening when one takes into account the increasing numbers of the elderly. What does the future hold for Malaysia after 2046, when those aged above 60 – the current retirement age – outnumber those below 15 years of age?

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