More Singaporeans view living longer as a source of anxiety rather than opportunity, despite the country's rising life expectancy, according to a new AIA Longevity Study released on 23 July. The study found that 51% of Singaporeans see longevity as more of a concern, while only 22% view it as an opportunity.
The report also found that more than half (53%) of respondents feel uncertain about growing older. Although respondents expect to live to an average age of 80.2 years, they believe their health will begin to decline at around age 70.2, creating an estimated decade-long gap between lifespan and healthy years. The study was conducted between April and May 2026 and surveyed more than 1,000 Singapore residents aged 25 and above.
The findings highlighted a widening gap between awareness and preparedness, with many Singaporeans recognising the importance of healthy ageing but failing to take meaningful action. While 87% agreed that financial security is essential to ageing well, only 33% regularly review or plan their finances. Financial readiness emerged as the weakest area, with 61% worried about running out of retirement savings and 45% lacking confidence in planning for a longer life. Although respondents were more proactive about maintaining physical health, nearly one-third reported insufficient healthcare coverage, while only 19% said they had begun planning for long-term care needs.
The study also found that many Singaporeans delay preventive health measures until later in life, limiting opportunities to extend their healthy years. Half of respondents said they actively take preventive steps to maintain their health, but many only adopt healthier habits after experiencing age-related health issues. Concerns extend beyond finances and physical wellbeing, with 67% worried about illness, pain or disability in old age, 53% fearing they could become a burden on their families or lose their independence, and 40% expressing concern about loneliness. Meanwhile, 61% said they were worried about losing their sense of purpose after retirement, even though most respondents hoped to continue working for as long as they were able.