It is true that nowadays people in industrialised nations can expect to live longer than ever before. Although there will undoubtedly be some negative consequences to this trend, societies can take steps to mitigate these potential problems.
As people live longer and the populations of developed countries grow older, several related problems can be anticipated. The main issue is that there will obviously be more people of retirement age who will be eligible to receive a pension. The proportion of younger, working adults will be smaller, and governments will therefore receive less money in taxes in relation to the size of the population. In other words, an ageing population will mean a greater tax burden of working adults. Further pressures will include a rise in the demand for healthcare, and the fact young adults will increasingly have to look after their elderly relatives.
There are several actions that governments could take to solve the problems described above. Firstly, a simple solution would be to increase the retirement age for working adults, perhaps from 65 to 70. Nowadays, people of this age tend to be healthy enough to continue a productive working life. A second measure would be for governments to encourage immigration in order to increase the number of working adults who pay taxes. Finally, money from national budgets will need to be taken from other areas and spent for vital healthcare, accommodation and transport facilities for the rising numbers of senior citizens.
In conclusion, various measures can be taken to tackle the problems that are certain to arise as the populations of countries grow older.
It is true that nowadays
people
in
industrialised
nations can
expect
to
live
longer than ever
before
. Although there will
undoubtedly
be
some
negative
consequences to
this trend, societies can take steps to mitigate these potential problems.
As
people
live
longer and the
populations
of
developed countries
grow older, several related problems can
be anticipated
. The main issue is that there will
obviously
be more
people
of retirement age who will be eligible to receive a pension. The proportion of younger,
working
adults
will be smaller, and
governments
will
therefore
receive less money in taxes in relation to the size of the
population
.
In other words
, an
ageing
population
will mean a greater tax burden of
working
adults
.
Further
pressures will include a rise in the demand for healthcare, and the fact young
adults
will
increasingly
have to
look after their elderly relatives.
There are several actions that
governments
could take to solve the problems
described
above.
Firstly
, a simple solution would be to increase the retirement age for
working
adults
, perhaps from 65 to 70. Nowadays,
people
of this age tend to be healthy
enough
to continue a productive
working
life. A second measure would be for
governments
to encourage immigration in order to increase the number of
working
adults
who pay taxes.
Finally
, money from national budgets will need to
be taken
from other areas and spent for vital healthcare, accommodation and transport facilities for the rising numbers of senior citizens.
In conclusion
, various measures can
be taken
to tackle the problems that are certain to arise as the
populations
of countries grow older.