Towards a Better Future for Retirees and Millennials Post CV 19

The author of an article entitled, ‘Towards A Better Future For Retirees and Millennials Post CV 19’ is looking to start a conversation about critical global consumer topics that impact millennials and retirees in the aftermath of COVID-19.

August 29, 2020 / / —

The article, which will be published on www.5starinnovation.com and discussed on global consulting forum https://mindhive.org, will also appear in Mindhive’s premium member newsletter, WAX Lyrical.

The aim of the article is to encourage discussion and to make people think about the short and long-term economic impact of the Coronavirus crisis. At present, parts of Australia, like many other countries in the world, are under strict lockdowns, and there is a great deal of uncertainty about what the future holds, particularly for those who have lost their jobs, individuals who are planning to retire in the near future, employees working in sectors that have been hit hard and business owners.

For the author, John Cosstick, the COVID-19 crisis has shone a spotlight on reforms that are long-overdue. The aim of the article is to explore opportunities to create or reimagine a better, more prosperous future for millennials and retirees. By considering the impact of the crisis on both housing affordability and pension systems, it is possible to try and conjure up plans for a better future. Considering the pandemic, it is also beneficial to examine and analyse the role of technology in increasing productivity and modifying the world of work in the years to come.

In the article, John Cosstick discusses International Monetary Fund proposals outlined in 2017 and the input of the New Economy Forum, which focus on three key areas: technological innovations that can be used to shape workplaces and labour markets, the socioeconomic impact of such innovations, and the skills needed to adapt and facilitate change.

Longevity risk, which is associated with fears of running out of money in retirement, has taken on a new meaning in the COVID-19 era. Technological advances have undoubtedly had a significant impact on the way the world is working, with businesses and organisations able to adapt to lockdowns and regulations because they have access to technology. The crisis has changed the role of technology and allowed some to benefit, but retirees still need more support. People can partially retire, reducing longevity risks, and parents can fulfil childcare commitments while working from home, but many workers require a more substantial safety net.

Another key area covered in the article is risk management and housing market affordability. There is an argument that the housing sector has not received sufficient attention and that developing international standards would help more people to buy houses, take advantage of a higher level of expert advice by making housing loans a financial product thereby improving affordability and risk management.

The mission for the author is to encourage and promote discussion about housing affordability and pensions to discover and unveil new opportunities and help individuals and families to recover from the COVID-19 crisis.

Accessing the article:

Visitors to the www.5starinnovation website can join in the conversation, discuss critical reforms and take advantage of 3 months of free Mindhive Premium membership by using the coupon code WAXLyrical.

Anyone who is eager to find out more about the article is encouraged to make use of the following contact details:

Website: https://www.5starinnovation.com
Press contact name: John Cosstick
Press contact address: 82 Brunswick Road, Mitcham, Vic. Australia 3132
Press contact number: 61 0412339176
Press contact email: johnrichardcosstick@gmail.com

Contact Info:
Name: John Cosstick
Email: Send Email
Organization: 5 Star Innovation
Address: 82 Brunswick Road, Mitcham, Vic. Australia 3132
Phone: 61 0412339176
Website: https://www.5starinnovation.com

Source:

Release ID: 88974678