In the developed world, average life expectancy is increasing. What problems will this cause for individuals and society? Suggest some measures that could be taken to reduce the impact of ageing populations.

It is true that people in industrialized nations can have a longer lifespan than before. In

this

essay, I will demonstrate negative consequences related to an aging population, and provide viable steps to solve these problems. As people grow older, several related problems can be anticipated. It is expected that countries with an aging population will mainly suffer financial problems. Increasing longevity means that the number of the elderly will exceed the number of young people, and the younger generation will struggle to financially support the entire aging population.

Furthermore

, the number of people who reach their retirement age will reduce the workforce, which usually means more people will claim pensions.

This

could have detrimental consequences to society as governments will only receive a small amount of tax revenue, and at the same time, there will be more funding

divert

Suggestion

diverting

into the health care system to support elderly care.

However

, there are several measures that governments could take to solve the problems mentioned above.

Firstly

, governments could provide incentives to encourage people to have more children, which could lighten the financial burden that young people carry.

Secondly

, the retirement age should be extended, perhaps to 70. By doing that, there will be more tax revenue, and money from taxpayers would be spent on other areas which will improve the overall quality of living.

Finally

, governments should encourage private pensions, and it could lighten the tax burden. In conclusion, various measures can be taken to tackle the problems that are certain to arise when people get older.