#Retirement

A growing wave of American parents are putting their own financial health and retirement plans at risk to help their adult children stay afloat—often at significant personal expense. Recent surveys and first-person accounts reveal that nearly half of American parents are now providing some level of financial assistance to their children over 18, signaling a profound shift in traditional family economics. Rising living costs, stagnating wages, and soaring housing prices have made it increasingly difficult for young adults to become financially independent, prompting many to return to the family home and rely on parental support long into adulthood.

Thailand, like many countries across the globe, is entering a demographic era that will reshape its society, economy, and healthcare system: the age of the rapidly aging population. Recent analysis from financial institution Goldman Sachs, as summarized in the article “The Surprising Implications of an Aging Population” (goldmansachs.com), illustrates the far-reaching consequences of this trend—not just for industrialized economies, but also for fast-developing nations like Thailand.

The essence of this news lies in the profound societal changes sparked by longer lifespans and falling birth rates. Demographers and economists warn that, while increasing longevity is a triumph for public health, it introduces new challenges that affect economic growth, labor markets, public finances, and healthcare provision. In Thailand, policymakers, university researchers, and public health officials are already grappling with these questions, seeking strategies to care for a swelling cohort of older adults without stalling the country’s development.

A new wave of research and expert opinion is reshaping traditional advice on the best exercise for older adults in Thailand, with physiotherapists increasingly steering retirees away from the old staples of swimming and running. Citing recent scientific studies and the experience of clinical practitioners, physiotherapists now recommend targeted strength training as the most important form of exercise for those over 60, providing benefits that extend beyond heart health and stamina to include vital support for mobility, independence, and overall quality of life (okdiario.com).