Core Insights - The report by Fidelity International highlights a significant retirement savings gap among individuals aged 50 and above, with 42% facing a shortfall of at least ten years in their retirement savings [1][3] - The traditional three-stage life model (education, work, retirement) is evolving into a multi-stage life, necessitating new planning strategies for potentially lengthy retirement periods [2][3] Retirement Preparedness - A survey of 11,800 respondents aged 50 and above across 13 markets reveals a notable disparity in retirement preparedness, with many underestimating the funds required for retirement [3] - In the Asia-Pacific region, while individuals appear better prepared, many still rely on outdated retirement planning models [3] Financial Stability - Financial stability is identified as the cornerstone of retirement preparedness, influencing health, emotional well-being, and social connections [4] - Among pre-retirees who have planned for retirement, 83% feel prepared physically and emotionally, while 79% feel socially prepared [4] Investment Preferences - Cash savings (64%) remain the primary investment method for individuals aged 50 and above globally, with a higher preference in the Asia-Pacific region (76%) [5][6] - There is a growing willingness to explore new investment opportunities, yet many still favor cash holdings, highlighting the need for a shift towards more diversified investment strategies [6] Key Recommendations - Fidelity International proposes a five-step action plan to address longevity risks, emphasizing early financial planning, technological innovation, health and care considerations, trust in public systems, and overall well-being [6][7] - The report suggests that longevity should be viewed as an opportunity rather than a challenge, with optimism about retirement increasing with experience [7][8]

Core Insights - The launch of MORROW represents a significant milestone in the $8 trillion longevity revolution, which is expected to transform various aspects of human life [3] - MORROW aims to provide personalized health solutions to a broader customer base, moving beyond traditional services designed for ultra-high-net-worth individuals [3] - The company plans to invest $156 million (200 million Singapore dollars) over the next five years to establish its presence, starting with a flagship store in Singapore [1] Company Overview - MORROW will open a 38,000 square foot center in Singapore, supported by a team of professionals and coaches to assist individuals in adopting healthier lifestyles [1] - The flagship store will be located at 10 Geylang Road, within the 80,000 square foot Longevity World [1] - The leadership team includes experts in various fields, such as Dr. Miina Öhman, who specializes in cardiac metabolic diseases, and Yaron Turpaz, who leads the digital health and analytics platform [4] Technology and Services - MORROW will utilize patented artificial intelligence to provide highly personalized services, learning from lifestyle data to enable early intervention and predictive analytics [3] - The customer journey begins with a detailed diagnostic assessment to measure the gap between current health status and optimal health, forming the basis for a data-driven personalized plan [5] - The integration of technology, including wearables and continuous monitoring, will facilitate real-time lifestyle optimization [5] Market Context - According to UBS, longevity is expected to be a key transformative innovation in capital markets alongside artificial intelligence over the next decade [3] - The World Health Organization estimates that by 2032, one in six people will be over 60 years old, highlighting the need for a new approach to enhancing lifelong health and vitality [7] - The company aims to promote a "lifelong health" model that combines science, relationships, and innovation to maintain and restore health for individuals from all backgrounds [7]