For the first time ever, there are now more people on Earth over the age of 65 than there are under the age of five, a result of increased longevity coupled with declining birth rates. In the U.S. alone, 20 percent of American adults will be 65 and older by 2030.
How prepared is society to cater to the financial needs of the fastest growing demographic?
In this episode of One Voice, Bradley and Theo chat with Liz Loewy, co-founder and COO of EverSafe, a fintech company that monitors the financial health of older adults and families for fraud, identity theft, and age-related issues. While much of the technology innovation tends to focus on younger generations, Liz made the case that there is a big opportunity in safeguarding the assets and financial well-being of those who are older.
After all, technology should be age-agnostic too.
And we can’t agree more.
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