In many counties, the proportion of older people is steadily increasing. Does this trend have positive or negative effects on society?

Thanks to the improvement in science and technology and the increase in welfare in our

society

, people’s life expectancy has been increased in some counties, especially developed countries. Though senior citizens can contribute extraordinarily to

society

, I would think that

this

should be seen as a negative trend. Undoubtedly, considering that most

elders

are more skilled and experienced,

in contrast

to the young generation, if they can postpone retirement and extend their working life, their experience and wisdom are more likely to be a valuable asset to the whole

society

. People today can live healthier and longer since they pay closer attention to a healthy diet and sports. After retirement, some of them can work as consultants and impact their knowledge and skills to the younger generation. To only give an example, it is not rare to see on a daily basis that many

elders

are willing to teach young people how to manage a company and provide better service for clients.

However

, it seems reasonable that an increasing number of

elders

in a country will lead to a series of problems in

society

, one of which is that healthcare costs will escalate, impose a burden on governments and taxpayers. It is widely known that most medical needs and costs occur in the

last

years of life, which forces governments to pour more money into caring for the elderly so that other essential services, including education, entertainment and scientific research will be underfunded.

Furthermore

, the slow pace of work is another problem as the number of senior workers increases. According to many modern studies related to

elders

, the ability to absorb information and complete work normally declines with age. If senior workers delay retirement, they are likely to be unable to perform as well as young workers and

this

will influence companies or a country’s productivity and profitability. To summarize, even though senior workers’ experience and knowledge are invaluable for the whole

society

, I am not optimistic that a country with a higher number of

elders

can develop its economy

as well as other countries with a balanced demographic structure

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, as well as other countries with a balanced demographic structure,

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do.