Nowadays people live longer after they retire. How does this affect individuals and society? What can be done about this?

Individuals have currently been living more in the
last
years, especially after
retirement
.
This
rise in life expectation
also
brings some effects to societies. In
this
essay, I will examine these effects and
then
present some solutions for them.
Firstly
, people who live more as a consequence, cause a direct impact in a country public
health
. It is common that the elderly encounter themselves vulnerable as soon as they retire, which means that they will depend exclusively on the
health
public
system
considering that the earnings coming from their
retirement
avoid them to afford a private
health
system
;
thus
, the more they live the more they will use the public
health
system
; thereby, causing a collapse into the
system
.
Secondly
, their
retirement
will require an increase in the tax burden to the payers. As the elderly are living more, the
state
will have to cope with the increasing number of retired by raising the taxes to support it. A perfect way to reduce the impact of
this
new reality is the leverage the age of
retirement
. With the increasing of life expectation, people are
also
expected to work more so as to contribute to the
state
in order to sustain the
system
.
Therefore
, people would get retire later and
also
improve the life pension for those who are not available to contribute to their workforce anymore.
For example
,
although
it is required that a person retire when he reaches 60 years old, the
state
should increase
this
number to 70;
thus
, those who already have 80 years old could be supported for those who still able to work. To conclude, the
retirement
age has become one of the most important issues that any
state
have do deal with;
however
, by imposing the leverage of the age of
retirement
, which is an unpopular measure, should be enough to solve
this
problem.
Submitted by Marcel on

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