It was common in the past for people to retire at 60. Now more and more people are choosing to continue working past the official retirement age, with some countries even increasing the official age of retirement. Do you agree or disagree with this change? Why?

These days, the number of citizens who choose to keep working even after their
retirement
age
has been increasing.
Along with
this
trend, some nations raise the official
retirement
age
. I strongly support
this
governmental decision for several reasons. The primary reason why I believe that the policy of raising the official
retirement
age
brings benefits rather than drawbacks is that a majority of employees will lose social connections after their
retirement
. Taking Japan as an example, as workers have spent the majority of their
life
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lives
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working, they have fewer connections outside of their company.
Therefore
, not a few retired people feel
lonliness
Correct your spelling
loneliness
after quitting their workplace where they have friends and colleagues.
Hence
, for their mental health, remaining
them
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apply
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at their workplace longer will mitigate their worries after
the
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apply
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retirement
. Another justification for my view is that
although
physically
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the physically
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active old individuals increase, many nations are facing
labor
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labour
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shorages
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shortages
due to
a decrease in young generations. If the official
retirement
age
rises, companies will maintain their precious workforce longer.
As a result
, they are less likely to lose their
enocomic
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economic
impetus. On top of
this
, governments will be
albe
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able
to procrastinate
to pay
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in paying
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pensions to retired people, resulting in the suppression of their
expenditure
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expenditures
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. A good illustration is that the Japanese authorities have raised it step by step, and it led to
the
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apply
show examples
positive consequences in reducing their budgets for pensions and allocating more money to others. In conclusion,
although
it is still
controversy
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controversial
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to raise the official
age
of
retirement
, I vehemently agree with
this
idea. From the
viewpooints
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viewpoints
viewpoint
of individual
phycological
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psychological
show examples
health and national economic situations, it is time to set the
retirement
age
to 65 years old or over 70.
Submitted by takuya13sugimoto on

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Topic Vocabulary:
  • retirement age
  • life expectancy
  • economic necessity
  • financial insecurity
  • aging population
  • workforce diversity
  • knowledge transfer
  • cognitive benefits
  • age discrimination
  • physical capability
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