Around the world, people are now living longer than ever before in the past. Some say an aging population creates problems for governments. Others believe there are benefits to society having more elderly people.

There is a debate over whether an ageing population is beneficial to society or not. I partly agree with the latter view and

this

essay will demonstrate that the disadvantages of

this

phenomenon supersede the advantages.

To begin

with, there are some reasons why the increase in the old generation is positive. For one thing, they have invaluable experiences and knowledge, having acquired through their real lives. In terms of education,

this

can be applied to the career training of young people, who are immature and experience fewer chances to build up their resume.

Likewise

, retired people can still play a crucial role in

a

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society because of their values as a mentor, making a desirable relationship with the next generation. In spite of the reasons mentioned above, I reckon that the increasing number of elderly gives rise to adverse consequences. First and foremost, national productivity has diminished, aggravating the supply in the labour market.

This

is because the rise in ageing people denotes the decrease in the youth, who are economically active populations, leading to the economic recession.

Secondly

, the financial stability of social

insurance

,

such

as health care

insurance

, employment

insurance

and annuity, has been exacerbated since the number of citizens who work and pay taxes has plummeted.

For

this

reason, the degree of

insurance

coverage has

also

abated. In a nutshell,

it is clear that

,

although

there are a few merits of an

aging

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society, the demerits of

this

phenomenon related to economic and social reasons outweigh the benefits.