Future of Wealth: Strategies for a Slower-Growing World
This Independent Thinking® issue explores the economic and investment implications of slowing global population growth and aging demographics, particularly in developed countries.
The publication highlights how the United States, thanks to immigration and moderate fertility rates, remains better positioned than most peers, though it still faces slower labor force growth and productivity challenges. It discusses the deflationary pressures resulting from these demographic trends and the need for investors to adapt their strategies for a low-growth world.
The issue also features insights on planning for longer lifespans, protecting digital assets like cryptocurrencies in trusts, and fostering next-generation financial success.
Independent thinking®
VOLUME 35
Future of Wealth: Strategies for a Slower-Growing World
Demographics and Economic Growth – Examines how declining labor force growth and aging populations in developed countries are leading to slower economic growth and persistent low inflation, with significant implications for investors.
The U.S. Advantage: Immigration and Growth – This article highlights how the United States’ relatively high legal immigration rates and moderate fertility help sustain its labor force and economic prospects compared to other developed nations.
Adapting Investment Strategies for a Low-Growth World – Discusses the importance of diversified, robust portfolios-including illiquid investments and uncorrelated return streams-to prosper in an environment of slow growth and low inflation.
Planning for Longevity and Well-Being – Explores strategies for planning and investing to support longer, healthier lives, emphasizing the need for prudent spending, wealth transfer, and adapting to evolving life stages.
