Aging in Singapore, Implications for Long-Term Care Financing
Today, Singapore is one of the fastest aging populations in the world. With life expectancy currently in excess of 80 years and continuing to increase in the face of declining fertility rates, the percentage of citizens aged 65+ is estimated to double from 12.4% in 2014 to 24.0% in 2030, rising to more than 30% in 2050. This study addresses the impact of Singapore’s aging population on long-term care financing.
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