It is undeniable that 
the
 advancement in medicine, Change preposition
with the
life
 expectancy has considerably increased Use synonyms
due to
 which Linking Words
older
 Correct article usage
the older
population
 surpass the Use synonyms
number of 
younger Correct quantifier usage
apply
population
 in many parts of the world. In my Use synonyms
opinion
 it is a positive Add a comma
opinion,
as well as
 negative development and the reasons behind will be explained in the following paragraphs.
Linking Words
To begin
 with, there are several advantages of having Linking Words
aged
 Correct article usage
an aged
population
. Use synonyms
Firstly
, both Linking Words
the 
Correct article usage
apply
aging
 and Change the spelling
ageing
the 
experience are parallel concepts, so they must have Correct article usage
apply
wealth
 of knowledge and wisdom which contributes a lot Correct article usage
a wealth
in
 the well-being of Change preposition
to
the 
society. Correct article usage
apply
Also
, with the help of Linking Words
there
 mentorship and better decision-making skills, they definitely Correct your spelling
their
works
 Change the verb form
work
in
 the betterment of the community. Change preposition
for
Apart from 
Linking Words
this
, in many countries, old people play a crucial role in providing support to their families. They, Linking Words
for example
, can look after children which Linking Words
allow
 parents to concentrate on their professional Correct subject-verb agreement
allows
life
. Use synonyms
Moreover
, Linking Words
while
 playing with Linking Words
there
 grandchildren, they Replace the word
their
also
 pass their expertise and knowledge to them. Linking Words
As a result
, it helps them in becoming a person with great manners.
Linking Words
However
, the increasing number of elderly Linking Words
population
 can Use synonyms
also
 bring problems. Linking Words
Initially
, they are more likely to be a burden on Linking Words
Correct article usage
the governmnet
governmnet
 because owing to their condition, they can strain public healthcare systems and pension schemes, potentially leading to higher taxes and reduced services for all as most of the governmental institutes try to promote Correct your spelling
government
hospital
 and age care facilities for them which Fix the agreement mistake
hospitals
indicates
 more pressure on young people for paying high taxes. Change the verb form
indicate
Therefore
, Linking Words
younger
 workforce feels stress and might face challenges in maintaining economic growth, forcing them to adapt by automating more jobs or Correct article usage
the younger
encourage
 immigration.
Wrong verb form
encouraging
To conclude
, Linking Words
although
 elder people provide us with great Linking Words
life
 lessons and motivate us to go Use synonyms
further
 in our Linking Words
life
, they Use synonyms
also
 bring high pressure Linking Words
to
 Change preposition
on
tax payers
 because they Correct your spelling
taxpayers
also
 Linking Words
healthcare
 amenities in Add a missing verb
have healthcare
adundance
. Correct your spelling
abundance
Hence
, it is Linking Words
neccessay
 for maintaining a balance between both the Correct your spelling
necessary
population
.Use synonyms