A recent study released by the Lee Kuan Yew School of Public Policy triggered a discourse on the amount of money a relatively healthy older person will need today to have a minimum standard of living that goes beyond the basics of housing and food.
When the Tsao Foundation, which I chair, funded this study, the aim was to give older people a voice and allow us to hear what they need and consider as the minimum standard of living - a standard that they feel will give them a sense of belonging, respect, security, independence and participation.
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