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

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Many developed countries are experiencing substantial increases in life expectancy. It is true that
people
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in industrialised nations can expect to live longer than ever before. Several problems have resulted from
this
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trend and they should be tackled by a number of effective solutions as presented in
this
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essay. There are several related problems that can be anticipated. The greatest issue is that there will obviously be more
people
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of
retirement
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age
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who will be eligible to receive a pension. The proportion of younger, working adults will be smaller,
therefore
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, governments will receive less money in taxes in relation to the size of the
population
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.
In other words
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, an ageing
population
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will mean a greater tax burden for working adults. Another point is that the growing
population
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of elderly
people
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puts a heavy burden on the healthcare system. Older
people
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are more vulnerable to chronic diseases
such
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as heart attacks, diabetes and so on,
that
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which
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require special medical treatments to be effectively treated. There may be various ways to address
this
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situation, but the following suggestions can be substantially effective.
Firstly
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, a simple solution would be to increase the
retirement
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age
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for working adults. These days,
people
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of
this
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age
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tend to be healthy enough to continue a productive working life.
This
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approach is productive to some extent, but some other measures should be given equal consideration.
Secondly
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, it is important to educate
people
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about the importance of money management and saving for
retirement
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. By doing
this
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, when
people
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reach their
retirement
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age
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, they will have a certain amount of money to take care of themselves without the need to depend on their children or the government. In conclusion, there are various negative consequences of
this
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trend, and appropriate steps need to be taken to tackle these problems that a country with an ageing
population
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might encounter.
Submitted by nguyennhuypy on

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Topic Vocabulary:
  • average life expectancy
  • developed world
  • increase
  • individuals
  • society
  • personal goals
  • ambitions
  • quality of life
  • leisure
  • recreation
  • healthcare costs
  • challenges
  • healthcare system
  • ageing population
  • shortage
  • available workers
  • economy
  • retirement planning
  • healthy lifestyles
  • investing
  • social support systems
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