With the advancement in healthcare and technology, people now have a longer lifespan. Some argue that the retirement age which is normally 60 to 65 years of age should be adjusted to 70 years or even higher. To what extent do you agree with this opinion? Give reason and example to state your stance

In
this
developed world, with the advancement in healthcare and technology, the average lifespan is increasing.
People
argue that the
retirement
age
should be adjusted to 70 years
instead
of 60 to 65 years. In my opinion, there is no right or wrong because the evacuation
age
depends on the situation and nature of
work
.
People
in developed countries are expected to live longer than before.
In addition
, with advanced technology and good healthcare policies,
people
live healthier and more robust. For that reason, the
retirement
age
might be increased, and
people
can continue to
work
well into their 60s, 70s or even 80s. Some
people
keep working to earn money, while others love what they do and want to continue their
work
.
For example
, Warren Buffet, one of the most successful investors in the world, is still working at 92-year-old. Many others,
such
as scientists, writers, designers, investors, etc, continue to
work
, and their contribution to the economy and society is undeniable. While most economists recommend increasing the
retirement
age
, for some businesses which are dangerous or need heavy physical strength,
such
as firemen and construction workers, the
retirement
age
might be lower than in other companies. In some research, older workers suffer from declining productivity and health, especially those engaged in heavy physical jobs. In that context, the
retirement
age
is reduced. In conclusion, with continued improvement in health care and life expectancy,
people
can spend their time working as long as possible.
However
, depending on the nature of
work
and certain circumstant,
people
can decide when is the suitable time to retire
Submitted by buiphuongmai on

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Topic Vocabulary:
  • lifespan, life expectancy, retirement age, seasoned workforce, job market, pension schemes, technological advancements, psychological considerations, cultural shifts, automation, Artificial Intelligence (AI), financial implications, healthcare costs, societal impact
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