Ipsos: Malaysian Attitude Towards Ageing

CCIFM member Ipsos has just released the following data – Malaysian Attitude Towards Ageing

The findings from the study reveal:

• Over the past seven years, Malaysians perception of what qualifies as ‘old’ among has evolved.
• Six out of ten Malaysians are optimistic about old age.
• Malaysians, like many in other developed nations, tend to underestimate their actual life expectancy. 
• People in countries with higher life expectancy are generally less likely to look forward to old age.

"Across 32 countries, the average age at which people say “old age” begins is 66. Despite the world's ageing population, perceptions of ageing itself have remained largely unchanged since 2018. However, Malaysians stand out as an exception. Over the past seven years, the perception of what is considered "old age" among Malaysians has shifted significantly. The age that defines the beginning of old age is now 60 years, an increase of 4 years.

Malaysians, along with their Southeast Asian peers, are looking forward to an old age. In developed countries, a longer life expectancy and a higher threshold for what is considered "old age" do not translate into positive sentiment. Enthusiasm rises with income, education level, and distance from the perception of being old, with young people generally being more enthusiastic. The Malaysian attitude is likely to be influenced by cultural values that respect the elderly, as well as family and community support, which fosters less anxiety about ageing.

Nonetheless, a critical challenge remains. Malaysia is projected to become an aged nation by 2043. With the average Malaysian expecting to live 15 years in old age, the country must begin to prioritise investments in healthcare and social support systems to ensure the country’s positive outlook on ageing is supported by a system that allows Malaysians to live their later years with health, dignity, and fulfilment."

– Arun Menon, Managing Director, Ipsos Malaysia