In the community, intergenerational projects—such as tech support initiatives where younger individuals teach older people how to navigate digital tools—can be mutually beneficial, breaking down stereotypes and creating lasting relationships.“Ageism thrives in separation,” Sparrow explains. However, when people of different generations come together, they see each other as individuals rather than stereotypes. That’s when real change happens.” THE EVENT VS. THE JOURNEY One of the biggest challenges people face is planning for life after work. “Retirement is often treated as a singular event rather than an ongoing journey,” Sparrow says. Many people retire without a plan beyond their last day at work, only to realize they miss the structure and social engagement that their job provides. Financial planning is also a concern. Many retirees draw down the minimum superannuation amount because they’re afraid their money will run out, but retirement spending patterns change over time,” Sparrow explains.“You might travel in your 60s, but in your 80s, your expenses will shift toward healthcare. 62 BUSINESS VIEW OCEANIA VOLUME 07, ISSUE 03
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