Sunday, June 29, 2008
The nemesis of pensions?
Is this man the nemesis of funded retirement systems? At any rate, Aubrey de Grey's work on life extension by regarding ageing as a curable disease gains increasing attention and traction, as witnessed by a veritable burst of recent media coverage such as Wired's. If his claim that life expectancy of about 120 years may be achievable to currently living generations, this would indeed pose a major challenge to retirement systems which rely on predictable mortality tables that shift slowly. Hence this space is certainly worth while watching for black swan risks.