1 October, 2008
In with the Old...
This week we celebrate International Day of the Older Person. Too often we forget what a valuable resource and contribution our older members make to our society and too often the media focuses on the negatives of getting old. But where would we be without them?
This week, remember those aged over 60:
- are the biggest supporters of charities – through donations and time
- contribute almost $74.5 billion dollars per annum to the economy through voluntary and unpaid caring work
Today in the world, one in every ten people are 60 years and older. By 2050, one out of every five will be aged over 60 person, and by 2150, one third of the people in the world are expected to be 60 years of age or older.
Due to a global increase in life expectancy, charities are benefiting from the longer periods of repeat donations from those generous Australians who commit to donating regularly. However, what many people do not realise is that, when donors pass away, the income that charities have been receiving is discontinued, resulting in a major strain on charities to continue their work.
Include a Charity is a campaign that exists to remind people that there is an option to leave money to charity in their Wills, and by doing this, we can ensure that the good work carried out by charities can continue.
“Only about eight per cent of Australians currently include a charity in their Will. The good news is this number is slowly increasing and we hope it will transfer into more funds being raised, as people realise how important bequests are to the work of charities,” said Sam Broughton, spokesperson for Include a Charity.
Updating your Will and including a charity is very simple. For any information about Wills and how to leave money to charity in your Will, please call 1800 400 300, or visit www.includeacharity.com.au
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