Malaysians more upbeat on ageing, survey finds
A survey by the market research firm found that the average Malaysian now believes 'old age' begins at 60 – four years later than generally thought in 2018.
"Across 32 countries, the average age at which people say 'old age' begins is 66.
"Despite the world's ageing population, perceptions have remained largely unchanged since 2018, (but) Malaysians stand out as an exception," Ipsos Malaysia managing director Arun Menon said on Monday (Aug 11).
Six in 10 Malaysians expressed optimism about life in their later years, a sentiment more common in South-East Asia than in developed countries.
In contrast, people in countries with higher life expectancy are generally less likely to look forward to old age.
"Malaysians, along with their South-East Asian peers, are looking forward to an old age.
"In developed countries, a longer life expectancy and a higher threshold for what is considered 'old age' do not translate into positive sentiment,' Arun added.
Ipsos said this positive outlook was probably influenced by cultural values that respect the elderly, strong family ties, and community support, which help reduce anxiety about ageing.
The study also found that Malaysians tend to underestimate their actual life expectancy, a pattern seen in many nations.
However, Arun cautioned that challenges lie ahead.
"Malaysia is projected to become an aged nation by 2043.
"With the average Malaysian expecting to live 15 years into old age, the country must begin to prioritise investments in healthcare and social support systems to ensure (this) positive outlook is supported by a system that allows Malaysians to live their later years with health, dignity, and fulfilment," he added.
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