July 20, 2022
In the Media
MIT AgeLab Director Joseph Coughlin discusses how climate change will impact much of the retiring population. Is your retirement plan accounting for dangerous increases in extreme weather?
Many older adults are living in regions where there is an increasing number and growing intensity of extreme weather events...—all of which introduce a variety of costs in retirement.
Older adults are more vulnerable in weather-related disasters—their most obvious vulnerability being age-related health and disability conditions.
Extreme weather affects everyone. Older adults, however, are more likely to be vulnerable due to health conditions and their retirement location decisions. New financial, information and well-being cost measures need to be developed to factor climate change into retirement planning.