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Topic:

In the developed world, average life expectancy is increasing. What problems will this cause for individuals and society? Suggest some measures that could be taken to reduce the impact of ageing populations.

Essay: In this era, industrialized nations are experiencing a substantial increase in human lifespan. Although there will be some negative ramifications, the government can implement these feasible solutions to ameliorate the problem. To begin with, certain issues have emerged related to the rise of the older community. The main concern is that it creates a financial burden on the government and the working masses. To specify, the number of people eligible for claiming pension benefits would increase. This tendency means that government will have to allocate more of the national budget to improve seniors' quality of life. Consequently, the working population would have to pay higher income taxes to compensate for these expenses. The second issue is that an aging population will put a strain on healthcare services. As senior citizens are more prone to chronic diseases, such as heart attacks or diabetes, more resources like money and manpower should be used to keep them on feet. The younger generation also has to take care of their elderly relatives. There are several steps that the government can take to mitigate these implications. First, the law should be tweaked to raise the retirement age. People of this age are generally more experienced and healthy enough to take up a productive working life. Therefore, the government should prioritize them in some appropriate career. Secondly, immigration from developing countries should be encouraged. In doing so, the government can receive higher tax revenues from working adults. The markets are also revived with younger workforces. Finally, citizen will need to be educated so that they learn the importance of budget management and saving for retirement. Thus, they will be less dependent on society and authorities to support their daily life when coming to old age. In conclusion, numerous actions can be taken to tackle the problems arising due to rising life expectancy.