Andrew Scott

they? Yeah.

So part of what we were doing, some of the modelling we did with Professor Andrew Scott was to say, look...

The prevention may not save you money for some time, but actually what you can do is you can support people to live longer, healthier, more productive lives.

And that changes the amount of time that somebody's in work, that changes your tax revenue, that changes GDP.

And I need money now to stop the sky falling in in the future.

And as national finances get tighter and tighter and tighter, that's just a tougher and tougher and tougher message to land.

Whereas one where you can definitively show, and we actually used your information about that GDP growth thing, which is a really seminal piece of work actually by Andrew Scott, to be able to demonstrate that investing in prevention now generates economic benefit now.

Yeah, that was the interesting thing, actually, that you didn't have to wait a generation to see the benefit.

Yeah.

So, so part of what we were doing, some of the modeling we did with, um, Professor Andrew Scott, was to say, "Look, the prevention may not s- may not save you money for, for some time.

But actually, what you can do is you can support people to live longer, healthier, more productive lives."

Mm-hmm.

Whereas one where you can definitively show , and we actually used your, your information about that GDP growth thing-

Yeah

... which is, it, wh- which is, which is a really seminal piece of work actually by Andrew Scott, um, to be able to demonstrate that invest- investing in prevention now generates economic benefit now.

Yeah.

So entire economies have been changed.

When I did the calculations with Martin Elson and Andrew Scott, professors in London, we actually, we found and published that the economic value of extending lifespan by one year in a healthy way was $38 trillion in the US economy.

That's massive, and we can see that happening with the GLP-1s.

Goldman Sachs has estimated that the widespread GLP-1 use in the US is adding potentially 1% to the economy here.

This is a modeling study based on assumptions if we slowed biologic aging.

And then there was another study, a more recent one, David Sinclair, Andrew Scott, $38 trillion, and they factored in everything.

This isn't just dollars, but like the equivalent, like if people are productive and like they can babysit and help society other ways.

$38 trillion for even slowing biologic age by a single year.

And so that's why in the book I explore what those threads are.

Let's talk first about Andrew Scott and your work together about 10 years ago when you wrote a major book together.

So talk about Andrew Scott, where'd you meet and when did you decide to begin writing together?

Well, the 100 Year Life, which came out 10 years ago, more than a million people bought it, which means that probably 3 million people read it because it's certainly an important book.

Less so in the US actually, but it's sold particularly strong in Asia, Japan, China.

yeah and by what john i don't mean just paid work you know it could be community work that you do that you do unpaid but it is about getting out and meeting people and doing stuff and that's just i mean to be doing that right the way through my life i'm lucky because i have a job i can do pretty much as long as i want i think and i know lots of people don't have that but there's lots of other things they can do and i think the doing of life is really important

just two more quotes you may live 100 years but that does not mean rushing through them

Well, it's nice to stop and take time out, isn't it? You know, one of the lovely ideas I think that Andrew Scott and I talked about in The Hundred Year Life is that if you think about three stages, and you mentioned them earlier, John, full-time education, full-time work, full-time retirement, what you can do in a multi-stage life is take those pieces out and rearrange them.

This is a distinct possibility.

Well, 10 years ago, Andrew Scott, who's an economist, so he wrote all the finance bit, uh, I'm a psychologist, wrote The 100-Year Life, and it really put out the whole story about the probability that you'd live to 100, what it meant for your finances.

And more than a million people around the world read that book, and it became a pretty influential book.

And what we basically showed is that if you think you're going to live to 100, then you have to think seriously, as your listeners do, about how to finance that.