In the developed world, the average life expectance is increasing. What problems will this cause for individuals and society? Suggest some measures that could be taken to reduce the impact ageing populations?

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People in advanced nations are expected to live longer than ever before. The average life expectancy of developed societies has rapidly increased in the
last
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decade.
Although
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there will be some negative impacts associated with
this
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shit, societies can take steps to diminish these effects. The ageing population will bring about rising
costs
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to
society
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. As the senior citizen population increases,
society
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's tax burden will
also
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rise.
For instance
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, if a large amount of the community is elderly and retired, pension
costs
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and taxes will
increase
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,
thus
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creating a burden for younger tax-paying individuals.
Additionally
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, older members of
society
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will require more specialized health care, which will bring about higher medical
costs
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due to increased demand.
However
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, both the government and individuals can take some steps to mitigate these problems.
Firstly
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, an
increase
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in the retirement age can offset increasing pension
costs
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for older generations. If citizens are able to retire later, government-funded retirements plans and taxes would not rise.
Moreover
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,
this
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will create ample time and opportunity for senior workers to pass on knowledge and help train younger employees in their respective fields. Promoting health care programs and initiatives could
also
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alleviate potential risks for the aforementioned problems. If the healthcare industry better prepares for the
increase
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in ageing populations, the potential problem of higher healthcare
costs
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can be avoided.
For example
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, by promoting advances in medical programs, older generations may be able to live with better health standards and contribute to
society
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for a longer period of time. These medical advances would
also
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help future generations as they get older. Various measures can be taken in order to tackle the potential problems associated with an
increase
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in life expectancy. It is crucial that both individuals and governments work together in
this
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venture.
Submitted by christianbetre on

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