Fifty years ago, no one naming the greatest challenge facing Asian nations would have put retirement planning as the region’s most intractable problem.
Life expectancy in India in 1970 was 47 years. In China, it was 59.
Getting to old age was a rarity and if you made it to your 90s, poverty was not an appreciably greater threat than in your youth. Most extended families in rural Asia were poor but supported the oldest members.
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