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Thin(k) About Your 401(k) Plan: A Non-401(k) Plan Week – A Fascinating Resource of Reports From McKinsey

McKinsey has recently published a fascinating and useful collection of reports Charting The Path To The Next Normal: A daily chart that helps explain a changing world – during the pandemic and beyond.  The page is full of charts linking to studies about how our world is evolving.

I found this one to be particularly well worth the read: Prioritizing Health: A Prescription For Prosperity. As you see below, the world’s life expectancy more than doubled in the 20th century and the population more than tripled.

The article posits that, in 2040, the world could see GDP 8% higher than it otherwise would be resulting from better health conditions driven by fewer early deaths, fewer health conditions, expanded participation and an increase in productivity (see chart below).  The results could be very good for markets especially as McKinsey estimates that “for each $1 invested in improving health, an economic return of $2 to $4 is possible.”

Good news for the future (and it couldn’t have come at a better time)!

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