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 a well-known fact that the average life is growing each year. On the one hand,

this

is a positive trend for individuals but

on the other hand

,

this

phenomenon produces

s

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a

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ignificant load on the government budget.

This

essay will explain the possible issue and solution. It is hardly surprising,

therefore

, that most people in the world would like to live forever.

However

,

this

situation could raise an essential issue to authority as more and more senior people who reached

retirement

age would be eligible to apply for a pension as well as having more extensive health insurance while a number of working citizens who pay taxes. With

this

in mind, politicians will have no choice, but to raise a tax to fulfil the required amount to cover social packages for all retired citizens. There are several solutions a government can provide. The simplest one is to increase the

retirement

age. Despite the fact that several people would not accept

this

innovation, situations like

this

are common. Nowadays a lot of elderly people do regular physical exercises which make them healthy and tend to work,

furthermore

, many retired people in Ukraine would prefer to keep working rather

then

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than

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get

retirement

. To conclude, the world is developing rapidly and we can watch that average age is increased compared to the

last

decade. Obviously,

this

is a positive trend,

however

,

this

cause overloaded

retirement

social package for the government.