In many countries today the retirement age from work has been raised. Do the advantages of raising the retirement age from work outweigh the disadvantages?

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In the
aging
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ageing
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population era, raising the
retirement
age
is a topic of debate.
While
some believe
this
action brings society advantages, others believe that the disadvantages carry more weight.
This
essay will discuss both
abovementioned
Correct article usage
the abovementioned
show examples
matters before presenting my agreement on the former. On the one hand, it is believed that most developed countries' population is ageing.
This
is a result of younger generations not wanting to give birth;
hence
, the workforce will be affected in the future. Raising the
retirement
age
means
people
could
work
longer, anticipating meeting the
work
demands. To be specific, Korea has started to raise the
retirement
age
for their citizens, as their workforce is severely affected
due to
the mentioned above. Recent research from Hanguk University presented that the number of skill
shortage
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shortages
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in agriculture has
been
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apply
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decreased by 10%
due to
their government
push
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pushing
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the
retirement
age
higher in 2023.
On the other hand
, many
people
disagree with
above
Add an article
the above
show examples
view.
This
is a disadvantage to society as
people
will need to
work
for a longer period.
Additionally
, it is believed that it could bring quality of life and
work
down.
Instead
of retiring at a certain
age
, individuals will need to continue to
work
further
, to meet the social benefits.
This
action could cause demotivation to
work
.
To conclude
,
although
I acknowledge that working for a longer duration might cause dissatisfaction to some individuals, I am of the opinion that increasing the
age
for
people
to retire brings countless benefits to a country’s economy and society as a whole.
Submitted by midden-02.tore on

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Topic Vocabulary:
  • retirement age
  • life expectancy
  • pension systems
  • financial pressure
  • economic growth
  • workforce
  • retirement savings
  • skills and knowledge transfer
  • job opportunities
  • health challenges
  • work-life balance
  • societal resistance
  • burnout
  • productivity
  • well-being
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