in many countries, the average life expectancy has been increasing. What problem will this cause for individuals and for society as a whole? Suggest some solutions.

According to statistics, at least
for
Suggestion
in
some developed countries,
life
expectancy
experiencing a rising trend. Even though,
this
change is to be assumed as a positive sign of better overall
health
and
life
condition, still there are some backlashes.
describing
Suggestion
Describing
number
Suggestion
a number
of drawbacks of
this
trend,
such
as post
retirement
services needed and the decline in overall production which may lead to lower GDP, some solutions which may be duly applicable are presented in
this
essay. Indeed, an increase in overall
life
expectancy
is a positive factor in a society which shows a strong and healthy lifestyle accompanied with appropriate economic and social support.
However
, the change
also
can be translated to
higher number
Suggestion
the higher number
of retired people who served in the society and would require economic and social care privileges
such
as a sufficient
retirement
payment as well as
health
insurance
support. As an example,
economy
Suggestion
economies
the economy
of the countries like Japan in which people are expected to live longer, shall carry the burden
of
Suggestion
on
the
health
system for elders; These supports, which they undeniably deserve, would be a monetary load on the government's budget.
regarding
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Regarding
the solution, noteworthy to mention is the fact that preparedness is the key;
Insurance
policies and long-term Investments financed
with
Suggestion
by
the money people pay for their
retirement
insurance
can guaranty a win-win situation for both government and the people.
For instance
, requirement
insurance
system in Sweden invests the money acquired for
retirement
insurance
in long-term investment projects, normally in developing countries where the interest rate is higher than Europe.
Hence
, investing in long term projects on behalf of the people and savings the interest for their
retirement
, when they will definitely need the money and services back, is the key
for
Suggestion
to
the problem. Another difficulty with
this
trend lies within the mere fact that higher
life
expectancy
means longer the people will not be productive.
In other words
, people who are not working anymore will be
economic weight
Suggestion
the economic weight
an economic weight
on
Suggestion
of
the society. It may be claimed that they will cause a serious decline in GDP.
it
Suggestion
It
is to be understood that higher
life
expectancy
shall
also
be coupled with stronger overall productivity with the condition that people work longer than they are supposed to work.
For instance
, the new administration in France introduced a law in which retirements are to be postponed
to
Suggestion
for
more than 30 years. Despite the huge protests in which people stand against it, it seems totally reasonable. People who are expected to live longer after
retirement
, shall be supposed to work longer when they can.
Therefore
, longer working years before
retirement
is another solution which can simply tackle the issue of a possible lower GDP. In conclusion, longer
life
expectancy
, higher the
social economical
Accept comma addition
social, economical
and
health
Suggestion
healthy
support people will need. So the long-term profitable Investment projects and postponement of
retirement
to
Suggestion
for
above 30 years are among solutions which can be implemented.
Submitted by Majid Tazam on

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