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24 Aug 2022

Global Population: The next 1000 babies

The World population is set to reach 8 billion humans however the fertility rate is collapsing globally as woman do not want to give birth to 8 to 12 babies.

Click for chart.

The likelihood of the global fertility rate reverting back to 8 to 12 babies per woman is very unlikely given that as each nation/society becomes more affluent, people want more choice in living their best life which requires more financially resources and that means less babies.

If we take a closer look at trends, it is the Developed World nations that are at the greatest risk of becoming economically irrelevant over the next 80 years with Asia and Africa combining to deliver 837 of the next 1000 babies to be born.

If you have family, friends or colleagues that want financial advice please ask them to contact us and we will work out how best to help.

 

At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

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