Business View Magazine | December 2019

10 BUSINESS VIEW MAGAZINE DECEMBER 2019 respondents pegged the answer at a younger age, 66 – a surprising change in an era in which many people in their 60s and 70s continue to play a significant role in public life. Other key findings of the Longevity Project – Morning Consult poll include: • Employers are vital for continuing education. 59% of respondents strongly or somewhat agreed with the statement that they expect their employers to provide educational opportunities to advance their careers, with the strongest support coming from younger respondents (71% support in the age 18-29 cohort). “We’ve seen firsthand how the future of learning and the future of work are fast converging,” said Jennifer Goldsmith, Chief Strategy Officer of Instructure, which serves more than 30 million people - teachers, students, employees and managers – through the Canvas Learning Management Platform and the Bridge Employee Development Platform. “Our participation in the Longevity Project and engagement with the Stanford Center on Longevity and other leading organizations will allow us to conduct an in-depth exploration of the impact of living longer; we’re truly excited to undertake this journey.” • Heightened emphasis on lifelong financial security. 59% of respondents – including 65% of respondents age 18-29 – identified financial security as “very important” to a successful, long life. “With today’s workers facing both a longer life expectancy and a self-funded retirement, consistent saving and long-term financial wellness are more important than ever,” said an employee with Wells Fargo. “Having a long-term financial plan and finding reliable financial advice are among the important actions that workers can take today to ensure they are prepared for a long retirement.” • Concern about the adequacy of public and private sources of retirement funding. Only 23% of respondents – and 19% of those age 18-29 – believe that they will have the opportunity and resources to be able to retire at or before age 65. “As people around the world live longer, and enjoy lifestyles as unique as their personalities, many will find themselves spending more years in retirement than in traditional careers. This poses unique challenges to lifelong financial security, a necessary building block for living a healthy 100-year life,” said Dan Houston, president, chairman, and CEO of Principal Financial Group. “That’s why Principal is working to help launch the Longevity Project. The financial services industry needs to collaborate closely with government leaders, scholars, and other stakeholders to reframe the public conversation around longevity and to develop innovations that empower us to lead healthier and more fulfilling lives.”