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?

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

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