![When I'm 64 When I'm 64](https://cdn.magzter.com/Outlook Business/1728279566/articles/T4uknqDyK1728292792093/WHEN-IM-64.jpg)
A callow 20-something Paul McCartney thought that the 60s were a time for knitting "a sweater by the fireside" and "doing the garden, digging the weeds" ("When I'm 64", Sgt Pepper's Lonely Hearts Club Band). Ironically at 82, McCartney is doing just the opposite. Instead of staying at home and playing with grandchildren, he is busy touring to packed auditoriums.
McCartney is not alone in leading an active life even after becoming a senior citizen. Gone are the days when turning 60 meant renouncing worldly pleasures and withdrawing into a shell. Take the example of Subhasree Tagore. The 76-year-old former professor and an avid traveller has been to Kunnur, the Stans and even to faraway New Zealand in the past few months.
“I love travelling. As a retired professor I now have the time and money to indulge myself. A lot of places now have provisions for elderly people. That’s a bonus,” she says.
Beyond pursuing leisure activities, many senior citizens continue to work. Delhi-based VP Gupta retired as registrar from the All India Institute of Medical Sciences (AIIMS) in 2012 when he turned 60. The very next day he joined a private university. At 72, he is still working; in fact, he earned a PhD when he was 65.
“My grandchildren are now on the verge of joining the workforce, but I don’t want to retire,” Gupta told Outlook Money, our sister publication.
Never Too Old
Most senior citizens after retirement either receive pension or have a sizeable nest egg in place, says Tagore. That plus enough free time and fewer commitments are catalysts for travel or pursuing their passions.
A 2024 paper Senior Care Reforms in India: Reimagining the Senior Care Paradigm by NITI Aayog notes that “by 2050 one in every four Indians will be a senior citizen, it will be equal to the population of the US for the industry in the form of a ‘silver economy’.”
Diese Geschichte stammt aus der October 2024-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 2024-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![Scale Stimulus Scale Stimulus](https://reseuro.magzter.com/100x125/articles/259/1982381/cumK6JahU1738587346532/SCALE-STIMULUS.jpg)
Scale Stimulus
For technology start-ups, growth funding serves as the catalyst to scale, innovate, expand into new markets and make critical hires. New capital brings strategic value through investor expertise and industry network, customer introductions, helps maintain operational efficiency and mitigate cashflow challenges.The landscape of venture and growth financings in India has undergone a major shift since the pre-Covid era. The pandemic gave rise to a low-interest rate environment which saw an unprecedented inflow of capital into Indian start-ups with a very strong focus on high growth, often at the cost of high burn. Post-pandemic, the environment has seen a significant shift in focus towards sustainable growth, profitability and efficient unit economics.
![The Best Valuation Need Not Be the Highest The Best Valuation Need Not Be the Highest](https://reseuro.magzter.com/100x125/articles/259/1982381/l2W53_r9j1738586346177/THE-BEST-VALUATION-NEED-NOT-BE-THE-HIGHEST.jpg)
The Best Valuation Need Not Be the Highest
Info Edge founder and veteran start-up investor Sanjeev Bikhchandani talks to Deepsekhar Choudhury about high valuations and corporate governance in start-ups. Edited excerpts
![GCCS Shaping Start-Ups GCCS Shaping Start-Ups](https://reseuro.magzter.com/100x125/articles/259/1982381/lyPu1HKma1738588659876/GCCS-SHAPING-STARTUPS.jpg)
GCCS Shaping Start-Ups
The remarkable journey of global capability centres (GCCs) in India continues to set new benchmarks, enriching the nation's economic narrative.
![Behind the Scenes Behind the Scenes](https://reseuro.magzter.com/100x125/articles/259/1982381/6pNwvxZg81738584472934/BEHIND-THE-SCENES.jpg)
Behind the Scenes
Evaluating start-ups is more than number crunching. While some factors are quantifiable, many are more nuanced. Here's a sneak peek inside the war room from where the rankings emerged
![Start-Ups have Generated 17.28 Lakh Direct Jobs Start-Ups have Generated 17.28 Lakh Direct Jobs](https://reseuro.magzter.com/100x125/articles/259/1982381/ZdnsFC5M01738588455889/STARTUPS-HAVE-GENERATED-1728-LAKH-DIRECT-JOBS.jpg)
Start-Ups have Generated 17.28 Lakh Direct Jobs
Amardeep Singh Bhatia, secretary, department for promotion of industry and internal trade (DPIIT) tells Pushpita Dey about the government's various schemes to give start-ups a leg up.
![On the Road Less Travelled On the Road Less Travelled](https://reseuro.magzter.com/100x125/articles/259/1982381/Ef-9lzD8g1738587525750/ON-THE-ROAD-LESS-TRAVELLED.jpg)
On the Road Less Travelled
Our entrepreneurial journey as the founders of the CarDekho group proves the fact that ambition and ingenuity can flourish in the most unexpected places.
![Being Local Matters Being Local Matters](https://reseuro.magzter.com/100x125/articles/259/1982381/Yfs6GI_EI1738585836792/BEING-LOCAL-MATTERS.jpg)
Being Local Matters
India's rapidly evolving consumer market, backed by a young, progressive population and a flourishing middle class, is a landscape of opportunity and complex challenges.
![CELEBRATING EXCELLENCE: OUTLOOK BUSINESS SPOTLIGHT - ACHIEVERS AWARDS 2024 CELEBRATING EXCELLENCE: OUTLOOK BUSINESS SPOTLIGHT - ACHIEVERS AWARDS 2024](https://reseuro.magzter.com/100x125/articles/259/1982381/dVGfbDZ3H1738589242780/CELEBRATING-EXCELLENCE-OUTLOOK-BUSINESS-SPOTLIGHT-ACHIEVERS-AWARDS-2024.jpg)
CELEBRATING EXCELLENCE: OUTLOOK BUSINESS SPOTLIGHT - ACHIEVERS AWARDS 2024
Recognizing Visionaries Who Inspire Growth, Innovation, and Progress
![At the End of the Day, You Bet on Founders At the End of the Day, You Bet on Founders](https://reseuro.magzter.com/100x125/articles/259/1982381/hAvG_hoRT1738586077554/AT-THE-END-OF-THE-DAY-YOU-BET-ON-FOUNDERS.jpg)
At the End of the Day, You Bet on Founders
Zerodha founder and chief executive Nithin Kamath tells Deepsekhar Choudhury that the philosophy of a company is what sets it apart and makes it special. Edited excerpts
![Time to Go Global Time to Go Global](https://reseuro.magzter.com/100x125/articles/259/1982381/m1my78owg1738586970063/TIME-TO-GO-GLOBAL.jpg)
Time to Go Global
India's defence and space start-up ecosystems have witnessed exponential growth in recent years, with over 1,000 defence and 250 space start-ups driving deep-tech innovation. Government initiatives such as Innovations for Defence Excellence (iDEX), positive indigenisation lists and allocation of 75% of the defence capital budget for domestic procurement, along with support from Indian National Space Promotion and Authorisation Centre (InSpace), have created vast opportunities.