The 100-Year Life: Living and Working in an Age of Longevity

The 100-Year Life: Living and Working in an Age of Longevity

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  • Create Date:2021-10-11 06:53:49
  • Update Date:2025-09-07
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  • Author:Lynda Gratton
  • ISBN:1526622831
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Summary

*A new edition of the international bestseller (a #1 bestseller in Japan), featuring a new preface*

Does the thought of working for 60 or 70 years fill you with dread? Or can you see the potential for a more stimulating future as a result of having so much extra time?

Many of us have been raised on the traditional notion of a three-stage approach to our working lives: education, followed by work and then retirement。 But this well-established pathway is already beginning to collapse – life expectancy is rising, final-salary pensions are vanishing, and increasing numbers of people are juggling multiple careers。 Whether you are 18, 45 or 60, you will need to do things very differently from previous generations and learn to structure your life in completely new ways。

The 100-Year Life is here to help。

Drawing on the unique pairing of their experience in psychology and economics, Lynda Gratton and Andrew J。 Scott offer a broad-ranging analysis as well as a raft of solutions, showing how to rethink your finances, your education, your career and your relationships and create a fulfilling 100-year life。

· How can you fashion a career and life path that defines you and your values and creates a shifting balance between work and leisure?

· What are the most effective ways of boosting your physical and mental health over a longer and more dynamic lifespan?

· How can you make the most of your intangible assets – such as family and friends – as you build a productive, longer life?

· In a multiple-stage life how can you learn to make the transitions that will be so crucial and experiment with new ways of living, working and learning?

Shortlisted for the FT/McKinsey Business Book of the Year Award and featuring a new preface, The 100-Year Life is a wake-up call that describes what to expect and considers the choices and options that you will face。 It is also fundamentally a call to action for individuals, politicians, firms and governments and offers the clearest demonstration that a 100-year life can be a wonderful and inspiring one。

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Reviews

Rob Lloyd-jones

Interesting read and big takeaway was thinking about life in 'phases' and to think about building a portfolio。 Rather than following a traditional linear path it is useful to think about growing your skills in different areas to best equip yourself in the future。 It is also worth keeping your health and valuing relationships as these will be ever so more important as you age。Some of the book did feel a little long and could have been more of an essay but nonetheless a good read。 Interesting read and big takeaway was thinking about life in 'phases' and to think about building a portfolio。 Rather than following a traditional linear path it is useful to think about growing your skills in different areas to best equip yourself in the future。 It is also worth keeping your health and valuing relationships as these will be ever so more important as you age。Some of the book did feel a little long and could have been more of an essay but nonetheless a good read。 。。。more

Leonard

This review has been hidden because it contains spoilers。 To view it, click here。 Ein längeres Leben bietet neue Möglichkeiten für den Einzelnen, aber die steigende Lebenserwartung stellt die Gesellschaft insgesamt vor Herausforderungen。 Mit dem Wegfall traditioneller Rollen verliert der übliche Lebensverlauf mit Schule, Arbeit und Ruhestand an Bedeutung, während das Bedürfnis nach Selbsterkenntnis und Experimentierfreude wächst。

Kelly Snodgrass

Incredibly thought provoking, though slightly dense, view on how the world is changing。 Especially validating for those taking an less common path in their careers。

Olé Vorawee

ผู้เขียนนำเสนอประเด็นที่น่าสนใจมาก อายุขัยเฉลี่ยของคนเพิ่มมากขึ้นเรื่อยๆ ทุกๆ ปี ปัจจุบันอายุขัยของคนอายุประมาณ 80 แต่เด็กปลายๆ เจน Y และเจน Z จะมีอายุขัย 100 ปี น่าคิดว่า หากเราเกษียณตอน 60 เช่นปัจจุบัน เราจะใช้ชีวิตว่างๆ แบบที่ไม่มีรายได้ 40 ปีเลยนะ (เท่าๆ กับวัยทำงานเลย) แล้วเราจะต้องปรับตัวอย่างไร และเตรียมพร้อมอย่างไร มีประเด็นไหนที่ต้องคิด วางแผนไว้บ้างหลายเรื่องในหนังสือก็ชวนให้คิดต่อได้จริงๆ และเตรียมพร้อมจริงๆ บทที่ชอบมากๆ คือ เรื่องที่พูดถึงสินทรัพย์ แน่นอนล่ะว่าคนจะต้องเตรียมวางแผนเรื ผู้เขียนนำเสนอประเด็นที่น่าสนใจมาก อายุขัยเฉลี่ยของคนเพิ่มมากขึ้นเรื่อยๆ ทุกๆ ปี ปัจจุบันอายุขัยของคนอายุประมาณ 80 แต่เด็กปลายๆ เจน Y และเจน Z จะมีอายุขัย 100 ปี น่าคิดว่า หากเราเกษียณตอน 60 เช่นปัจจุบัน เราจะใช้ชีวิตว่างๆ แบบที่ไม่มีรายได้ 40 ปีเลยนะ (เท่าๆ กับวัยทำงานเลย) แล้วเราจะต้องปรับตัวอย่างไร และเตรียมพร้อมอย่างไร มีประเด็นไหนที่ต้องคิด วางแผนไว้บ้างหลายเรื่องในหนังสือก็ชวนให้คิดต่อได้จริงๆ และเตรียมพร้อมจริงๆ บทที่ชอบมากๆ คือ เรื่องที่พูดถึงสินทรัพย์ แน่นอนล่ะว่าคนจะต้องเตรียมวางแผนเรื่องสินทรัพย์ที่จับต้องได้ (เช่น เงิน) แต่หลายคนลืมคิดถึงเรื่องสินทรัพย์ที่จับต้องไม่ได้ เช่น มิตรภาพ ครอบครัว เพื่อนฝูง connection สำหรับโอกาสใหม่ๆ ทักษะในการหางานใหม่ แม้กระทั่งสุขภาพก็เป็นสิ่งสำคัญข้อเสียของหนังสืออย่างหนึ่งคือ หนังสือเล่มนี้เน้นการบรรยายยาวมาก จนบางครั้งรู้สึกว่า หนักมาก และไม่ได้มีประโยชน์ต่อบทความโดยรวมเลยท้ายที่สุดแล้วหนังสืออยากให้ทุกคนเริ่มคิดวางแผนไว้ตั้งแต่เนิ่นๆ มิเช่นนั้น ชีวิตที่อายุยืนยาวขึ้นจะเป็นคำสาปแทน ไม่ใช่พรวิเศษ 。。。more

Kris Hansen

The authors' premise makes a lot of sense。 They look at how improvements in medicine means that many will live to see 100, and this will require changes in their careers, their need for education, their relationships and more。 Provocative。 The authors' premise makes a lot of sense。 They look at how improvements in medicine means that many will live to see 100, and this will require changes in their careers, their need for education, their relationships and more。 Provocative。 。。。more

Perry Burton

Bizarre that this book is so highly rated。。。。i stuck with it expecting insight and ideas。。。。maybe it has dated in the 5 years since it was published。。。but ita full of common sense and the challenges of applying said common sense ?

Dan

4* because this is such a vital topic for every person, though probably no more than 3* of reading enjoyment - very standard writing style and felt the opposite of the escapism that a book can sometimes offer。 i am convinced most people really will lead substantially longer lives than they expect, that this effect will keep increasing and that it won't be limited to what are currently the richer countries。 we are generally very unprepared for this - in planning, work, education, relationships, p 4* because this is such a vital topic for every person, though probably no more than 3* of reading enjoyment - very standard writing style and felt the opposite of the escapism that a book can sometimes offer。 i am convinced most people really will lead substantially longer lives than they expect, that this effect will keep increasing and that it won't be limited to what are currently the richer countries。 we are generally very unprepared for this - in planning, work, education, relationships, personal and social finance。 there is as much opportunity as threat。this book is a competent starter text, but there is far to go in many directions, in reading, thinking and (gulp) actions。 if perhaps interested but unsure about reading, see www。100yearlife。com 。。。more

Sara Vicente Barreto

With the restart of my commute, it is easier to restart learning。 And what a better restart than finally pick up 100-year life。 The concept had been familiar to me for a while, but in all honesty I did not really know what it meant。 It was one of those books I avoided for a while fearing it might be transformational and I would not be ready for what it would bring。 But given transformation could be my other word of the year (just after fearless), I thought this was the right time to start gettin With the restart of my commute, it is easier to restart learning。 And what a better restart than finally pick up 100-year life。 The concept had been familiar to me for a while, but in all honesty I did not really know what it meant。 It was one of those books I avoided for a while fearing it might be transformational and I would not be ready for what it would bring。 But given transformation could be my other word of the year (just after fearless), I thought this was the right time to start getting some of these concepts into my life。 I was surprised to find a more practical book than I thought, less on the what it means or why we are here but much more on the what to do and how to do it。 My type of book。 I have not changed my views dramatically with the book。 After all, I have already been having deep thoughts about how to curate my life。 But it did get me thinking more actively about my financial planning, and my intangible assets planning。 Always living with intention。 #books #intentionalliving #personaldevelopment #howwillyouliveyourlife https://makespaceforgrowth。com/2021/0。。。 。。。more

Paige

I found the premise of this book more interesting than the book itself。 How should we adjust to the fact that people in wealthy nations can expect to live much longer lives than was the norm even 1-2 generations ago? The book is really narrowly targeted at the wealthy of the wealthy (i。e。, high-earning professionals in wealthy countries) and so I didn't find it as interesting as I'd hoped。 I found the premise of this book more interesting than the book itself。 How should we adjust to the fact that people in wealthy nations can expect to live much longer lives than was the norm even 1-2 generations ago? The book is really narrowly targeted at the wealthy of the wealthy (i。e。, high-earning professionals in wealthy countries) and so I didn't find it as interesting as I'd hoped。 。。。more

Rei

This review has been hidden because it contains spoilers。 To view it, click here。 Lots of babble, too many quotes。 Contents too generic, mostly things you already know。 Didn't find useful。 Ditched halfway Lots of babble, too many quotes。 Contents too generic, mostly things you already know。 Didn't find useful。 Ditched halfway 。。。more

mstan

Interesting concepts but a bit repetitive near the end。

Kiril

The inherent topic of this book is hardly enjoyable for most people, namely planning of your life-long finances ('tangible' assets) and more importantly planning for your so called 'intangible' assets。 I quite enjoyed it nevertheless。 Time to get more motivated about all of my assets。 There is the aspect of the premise of the book, which is that most of younger people today will get to be 100。 This is questionable and highly idealistic, given the looming climate crisis, which will bring more dea The inherent topic of this book is hardly enjoyable for most people, namely planning of your life-long finances ('tangible' assets) and more importantly planning for your so called 'intangible' assets。 I quite enjoyed it nevertheless。 Time to get more motivated about all of my assets。 There is the aspect of the premise of the book, which is that most of younger people today will get to be 100。 This is questionable and highly idealistic, given the looming climate crisis, which will bring more death, more natura catastrophies, and more pandemics。 Indeed, the word Covid was never mentioned even though there was a foreword from mid 2020。 Ah well。 。。。more

Joy Chase

The 100-year life is well-researched and provides a lot of data for its theories, however it was written pre-COVID-19 and things need to change。 Life expectancy is not the same now。 The planning aspects for living in five stages instead of only three - education, working life and then retirement is out-model and more flexibility is required when life is longer。 A good book that makes you think, “what if”。

Rajeshwari

I like this book, helps understand that long life can be a gift and not a curse, if you are able to build tangible and non tangible assets properly。 Adapt to new technologies, build and recreate yourself。 And bring in a sense of self。

Sarah Bereza

very interesting premise, lots of insight

Dea M

The topic of this book should be thougth at schools, and studied in faculties。 A great one!Longevity, multi-stage life, transformational periods, tangible and intangible assets, workplace and family life of the future。。。so many things will change in the scenario where we all live up to 90, 95, 100 or more then 100 years old life。 I wouldn't say that everything from the book is 100% perfectly elaborated, but it definitely brings you to think about your future life (I'm 32 now, probably will live The topic of this book should be thougth at schools, and studied in faculties。 A great one!Longevity, multi-stage life, transformational periods, tangible and intangible assets, workplace and family life of the future。。。so many things will change in the scenario where we all live up to 90, 95, 100 or more then 100 years old life。 I wouldn't say that everything from the book is 100% perfectly elaborated, but it definitely brings you to think about your future life (I'm 32 now, probably will live until 90) and the life of your kids - how to raise them, prepare them for what? 。。。more

Effie Simmons

Lives are going to change。 Be flexible, learn more, save。 The book could have been a lot shorter。

Greg Janicki

I chalk up the 3 largely to expectations。 Thought it would be more philosophical than practical。 This book alternated between duh and insightful and back。 Good moments in the role of intangible assets vs。 tangible。

Mitesh Patel

One of the most ripe topics that needs lot more actions。 This book has started the dialogue and let us see where it goes

Nix

The 100-year life book is an easy ready, but the content and the thoughts that follow are not always easy to digest。 It challenges the traditional life our parents and their parents have taken for granted - go to school, work and then retire; a simple three stage life where you typically progress in a pre-set pattern。 Gratton and Scott presents statistics which predicts that more than 50% of children born in Wales and England today are likely to reach their 100th birthday。 With the population li The 100-year life book is an easy ready, but the content and the thoughts that follow are not always easy to digest。 It challenges the traditional life our parents and their parents have taken for granted - go to school, work and then retire; a simple three stage life where you typically progress in a pre-set pattern。 Gratton and Scott presents statistics which predicts that more than 50% of children born in Wales and England today are likely to reach their 100th birthday。 With the population living this long, the set-up of pension systems (government funded as well as privately funded ones) will no longer work if we expect to retire at 60 or even 65。 We are already seeing the state pension age being increased。 "The emergence of a multi-stage life, the disconnect between age and stage, and the breaking of lockstep will all create opportunities for people to make individual choices about how they structure their life。 Governments, like companies, will need to shift their policies。"With a longer life, we need to find an alternative to the three stage life; technology is moving so fast that the eduction we sometimes have spent years achieving, may be obsolete within just a few years。 Instead, we need to start preparing for a multi stage life where we mix learning, work and recreation。Furthermore, companies will have to rethink how they operate and recruit。 Gratton and Scott point out that one of the toughest challenges will be to change corporate attitudes to age and initiate a shift to age-agnosticism。 In a multi-stage life, age and relevant experience will become increasingly disconnected。Continuous learning and re-learning will be crucial for us to survive and thrive in a 100-wear life。Life will be nasty, brutish and long。 Those who lack skills and knowledge will be unable to support a long retirement and will be ill equipped to deal with transitions。Governments will have to rethink as well。 The education system will have to be restructured and the financial systems will have to be changes。 Saying that governments (and corporates) are 'behind the curve' doesn't even come close。 A radical shift is needed and simple, standardised models are very unlikely to work as individuals will be pushing for greater flexibility and support。 。。。more

Shan

Don't limit yourself into one career, as we live longer and the movement of the world became faster, be brave to explore new things and try to unleash our potential。 Don't limit yourself into one career, as we live longer and the movement of the world became faster, be brave to explore new things and try to unleash our potential。 。。。more

Catherine Halstead

Some really interesting concepts but quite repetitive at times。

Weerdski

DNF

Elliott

First 100 pages are a drag。 Gets better after this。 Repetitive in places。 Probably required reading for younger generations but pretty boring。Some parts seem very relevant and likely to happen, other parts way off the mark imo。。。

Paul Fulcher

In long lives with greater change and more choices to be made, options become more important。 When a person makes a choice to do something, this implicitly means they chose not to do something else。 Taking decisions means closing down options。 In the financial world options are valuable and priced。 The value of an option depends upon how long the option is valid for and how much risk there is in the world。 The same goes for the decisions that are taken about life。I was delighted to see that ‘The In long lives with greater change and more choices to be made, options become more important。 When a person makes a choice to do something, this implicitly means they chose not to do something else。 Taking decisions means closing down options。 In the financial world options are valuable and priced。 The value of an option depends upon how long the option is valid for and how much risk there is in the world。 The same goes for the decisions that are taken about life。I was delighted to see that ‘The 100-Year Life: Living and Working in an Age of Longevity’ began with statistics showing ever increasing-life expectancies from a paper, ‘Broken Limits to Life Expectancy’ co-authored by Jim Oeppen who was my post-graduate supervisor in 1990, in my dissertation on cohort effects in Belgian longevity statistics, and even then was researching this topic。I was also pleased to see the acknowledgement of the important of home equity release schemes for older homeowners in helping people live a better later life, albeit with the proviso that this isn’t a solution for the younger generation yet to set foot on the property ladder。I was rather less impressed, as an actuary to read:As we described earlier, there are two ways of estimating life expectancy: period estimates and cohort estimates。 We strongly recommend that governments and the actuarial industry reconsider their use of period estimates of life expectancy as their core assumption。as actuaries have been using explicit cohort estimates for many years now (and implicit ones before that), at least since a seminal paper by Richard Willets (https://www。actuaries。org。uk/system/f。。。) The 100-Year Life should be praised for focusing on the positive side and the opportunities of demographic issues of increased longevity, rather than the negatives, and in particularly how individuals and societies can embrace these opportunities, albeit not without challenges:A 100-year life needs more saving rather than spending, more recreation time converted into re-creation, and more capacity and willingness to engage in challenging conversations with partners about roles and commitments。 It involves making tough decisions now for potential gains in the future。The focus - the opening quote to my review - on maximising options in life is very much in keeping with my worldview, as someone who worked much of my career in the financial options market。 But the book then went on to challenge my views, as someone who is almost but not quite a Boomer (I’m firmly Generation X), on the Millennial generation, arguing that much of what ‘OK Boomers’ look down upon is actually them putting this principle into practice:Right now a new stage of life is emerging for those aged 18–30。 Just as longevity and greater schooling helped promote the concept of a teenager, so something is happening to the age group beyond adolescence。 This group are already beginning to respond to the promise of a longer life and are keeping their options open and exploring new alternatives。 As they do so, they are turning away from the commitments that past generations had made at this age and instead are pursuing other lifestyles and choices。 The creation of these new stages of life is a real gift。 These new stages create an opportunity to experiment, to build the life you want。。。。It took a while for society to coin a phrase to describe the increasingly standardized behaviour that was developing during adolescence over the twentieth century。 Eventually the phrase ‘teenager’ became established。 We think society will need to search for a similar phrase to cover those aged 18–30。 We describe them (with apologies to Jonathan Swift) as ‘Yahoos’ – Young Adults Holding OptiOnS。For a book looking far into the future, and issued in a revised copy in May 2020, its views on the importance of city living, and its relative scepticism about home working, were rather unprescient, although that’s a little unfair。A more valid criticism, albeit one the authors acknowledge, is much of their personal prescription - essentially to become a personal entrepreneur with a strong network, a string of different skills, and a portfolio of work opportunities - felt very squarely aimed at a small minority of the population:One of the audiences for whom this book was written are those who benefit from high levels of education and income and possess some market power in the workplace with their employer and an array of choices and options。 Not everyone will be so fortunate, and making the most of a 100-year life will be a challenge for everyonebut with little suggestions for the ‘not everyone’ other than to suggest that Government’s need to sort that problem。 The demographic issue of shrinking populations from people deferring or not having children (the ultimate option closing decision!) were mentioned but didn’t feel thought through。Overall, this was a thought provoking books although with so many of its ilk, an executive summary (indeed the introduction is available in the Amazon preview) or TED-type talk would likely convey much of the valuable information and it felt a little padded out and folksy at times with its three characters of Jack, Jill and Jane (born in 1945, 1971 and 1988)。 I would also have preferred more on the macro financial / demographic aspects and less of the self-help, but that’s me wanting a different book。2。5 stars 。。。more

Raj Makaram

The book covers about the future life when people tend to live long up to 100years。 The main theme of the book is all about preparing for this long life, where individuals will be active until 80+years。 If I need to distill to few line the overall contents of this book i。e。 future is uncertain and involves a lot of transition, so individuals need to have clarity of purpose and be flexible to adapt。 The three stakeholders in the scope of this book are – We, the individuals, Corporates and the Gov The book covers about the future life when people tend to live long up to 100years。 The main theme of the book is all about preparing for this long life, where individuals will be active until 80+years。 If I need to distill to few line the overall contents of this book i。e。 future is uncertain and involves a lot of transition, so individuals need to have clarity of purpose and be flexible to adapt。 The three stakeholders in the scope of this book are – We, the individuals, Corporates and the Government。 Since both Corporates and Govt。, would be cautious and slow to make this change for the new future。 The responsibility falls on us, the individuals to make the first move towards preparing for this journey of long-life。 Strong education foundation, life-long learning, emphasis on intangibles (health, relationships and skills), financial independence, experimentation, self-awareness & self-control, importance of the role of women, the intergenerational living and the interface between home-n-work, are some of sub-themes in this book。 The book has 11 sections (9 chapters, an Introduction and finally a Call for Action section)。 The references at the end of the book is quite exhaustive and in addition one of the author(s) host a website to further this discussion on 100-year life。 As many readers have said that the contents could have been covered in 40-60pages, rather than the actual pages of 240, which is a stretch。 To me the book gave a canvas to think more and make exhaustive margin notes; rather than finding any significant new information。 I enjoyed it!To summarize the individual chapters。 Chapter-1, starts off staring that if we are able to plan properly this long life aka time would be a gift, else it would end up as a curse。 In the last few decades we humankind, have been able to gain significant advantage over diseases and hunger, the gain will accumulate in the coming years to live longer。 Chapter-2 , details the current reality of economics。 Pensions are disappearing, interest rates are falling, already individuals are postponing their retirement ages beyond 60-65yrs of age。 So individuals needs to plan their finance better to gain financial independence。 In Chapter-3, the author(s) try to envision the job roles and industry sectors that would be part of the working landscape in the future。 The author(s) acknowledge that it is difficult to predict the future in this technology driven economy of the 21st century。 It is sure AI and Robotics will be the two dominant technology drivers for the future。 Chapter-4, details the intangible assets that are critical for the new life。 When we say living long, it is assumed, that the life is to be lived with mobility, active and vitality。 The author(s) categorize intangible into three i。e。 Productive (skills & knowledge, reputation and peers), Vitality (regenerative friendship, fitness & health and balanced living) and Transformational (skills to adopt to new changes i。e。 self-knowledge, diverse network and openness for new experience)。 In Chapter -5, the author(s) provide us with various scenarios to deal with the future, long life。 The traditional 3-stage life will not be scalable for the future 100years life。 The new paradigm is the multi stage life。 The Chapter 6, introduces the reader to the new stages as proposed by the author(s) i。e。 Explorer, Independent producer and Crafting portfolio, give the individuals to explore, to learn, to reskill, to experiment。 The author(s) once again revisit the importance of financial planning in Chapter-7。 In the perspective of the author(s) financial independence is a key hygiene factor, which cannot be over emphasized more。 Chapter 8, deals with time, in this new 100year life。 The author(s) bring out the social concept of time, like weekend wasn’t always Friday and Saturday, working hours wasn’t 9-5。 So new social constructs of time needs to be developed to accommodate this new 100-year model。 Finally Chapter-9, deals with the impact of relationships due to this long life。 The two main focus of the author(s) are on - the intergenerational living and the interface between home-n-work。 The future as envisaged in this book on 100years is one of transitions and transformations, the whole gamut of relationships be it marriage, spouse, children, family and friends will all undergo major shifts。How much ever the author try to emphasis that 100 year life is not just about tangible assets aka money。 The book just does the opposite, by preparing the readers to be healthy both physically and mentally to work, until 80years of age!!Finally to critically analyze the book, I found the book lacks deeper analysis on some of the major challenges we will face in future。 More so this is glaring when, the author(s) are coming from management and economics, on topics which should have been dearer to them i。e。 The purpose of work-n-life; home-n-work interface; role of women in the future of the society; suggesting affirmative actions (without proper exit criteria); importance of marriage in a multistage life when both the partners would have a fulltime/active career; though the author(s) acknowledge the cost of divorce would be much more costly in a multi-stage life, still without any concrete justification the author(s) claim rate of divorce would increase in future; further reduction in fertility rate and lack of discussion on its impact on the future work force; and future innovations in funding social welfare, to support multi-stage life 。。。more

Maya

A must read - tackles many disciplines of life - economics, education, careers and more

Shyam Srinivasan

Nothing earth shattering, can be summarized in a short essay。

Diane Isler

As time moves on, I find myself quoting this book and utilizing the content again and again。 I’ve increased my rating accordingly。 While it reads a bit like a college textbook, the value is worth the work。

Suramath

Very thoughtful for planning your life。