TOPICS
Results for Topics : "Ageing"
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Regulating retirement village in Malaysia; the way forward
Item Type: Article
Editor:
Year: 00/12/2021
Abstract: As Malaysia is predicted to be an ageing nation by the year 2030, developing a retirement village shall be an avenue for senior citizens to have a welfare and conducive placement for them to spend their time with value-added amenities that cater their special needs. This paper discusses the overview concept and elements of retirement village sector in Malaysia and other jurisdictions, and the possibility of having a sustainable legal framework in regulating the sector. The legal issues and possible unintended consequences that may arise out of the development of retirement village in Malaysia is also discussed in this paper.
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Retirement planning: Dynamic and holistic approach in bridging the gaps and mitigating the risks
Item Type: Conference or Workshop Item
Editor:
Year: 00/00/2012
Abstract: Most of us will one day row old and frail. Some will be fortunate enough to be endowed with wealth and good health in retirement years. But others in fact many of us, some call it the 99% group, will not be so fortune. We may have wealth but not health. We may be healthy but not wealthy. Many will probably have enough income to put food and drink on the table, and roof over the head, but will there be enough to cover unexpected expenses? Can we depend on our children to financially and/or physically take care of us in our golden years? They too will likely be facing similar problems such as soaring costs of housing, children’s education, lifestyle upgrading, busy schedule and others making it less likely that we can depend on them for assistance. This paper discusses the needs as we age, identifies gaps that may occur and suggests the best ways for us to share and meet needs as individuals and as a nation. Retirement planning is dynamic and holistic. We are not just planning to build up wealth and good health, we must also plan to protect our wealth and health. When planning for retirement, all risks that we might face must be understood at the outset and strategies to mitigate them must be worked out.
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