“…The last stage of life is the focus of interest for many scientific disciplines, each of which attempts to valorize old age. The demographic changes that are taking place today have many implications in different spheres of life and have an impact on the dynamics and structure of production and consumption, the structure of budgetary expenditure, the labor market, the social security, and benefits system, investment, saving, social, family and lifestyle (Calvert, 1977;Scholfield, 2000;Nazareth, 2007;Bąk, 2013;Sudbury-Riley, Kohlbacher, and Hofmeister, 2014;Aksoy et al, 2015;Piekut, 2020;Bąk and Szczecińska, 2020). The increasing percentage of older people translates into their growing social, economic, and political importance.…”