By 2030 the percentage of the population aged 65 or older will have risen significantly, to more
than 30%. This means that fewer people will be working, and therefore fewer people will be paying
income tax. In the future it may be necessary for governments to increase the official retirement
age to 70 or even older. When today’s 30-year-olds are in their sixties it is unlikely that they will
enjoy the relaxed lifestyle that todays older generation can expect when they give up work.
Governments will therefore need to make sure that this older generation is healthy and fit enough
to continue working.
However, I believe the biggest impact will be on the younger generation. In 2030 the younger
generation will need to work much harder to support the large number of older people. If this trend
continues then it is possible that our entire culture will change. For example, most marketing
companies today try to target the younger generation with their products and advertisements. If
the majority of the population is older then this will change and companies will begin to target the
older generation instead.
So, what can be done now to prevent these problems? Firstly, I believe that governments of
developed countries should find ways to encourage people to have larger families and increase the
birth rate. Secondly, I believe that they should encourage migration from developing countries so
that the problems of over-crowding can be solved.
By 2030 the percentage of the population aged 65 or
older
will have risen
significantly
, to more
than 30%. This means that fewer
people
will be working, and
therefore
fewer
people
will be paying
income tax. In the future it may be necessary for
governments
to increase the official retirement
age to 70 or even
older
. When
today
’s 30-year-olds are in their sixties it is unlikely that they will
enjoy the relaxed lifestyle that todays
older
generation can
expect
when they give up work.
Governments
will
therefore
need to
make
sure that this
older
generation is healthy and fit
enough
to continue working.
However
, I believe the biggest impact will be on the younger generation. In 2030 the younger
generation will need to work much harder to support the large number of
older
people
. If this trend
continues then it is possible that our entire culture will
change
.
For example
, most marketing
companies
today
try to target the younger generation with their products and advertisements. If
the majority of the population is
older then
this will
change
and
companies
will
begin
to target the
older generation
instead
.
So
, what can
be done
now
to
prevent
these problems?
Firstly
, I believe that
governments
of
developed countries
should find ways to encourage
people
to have larger families and increase the
birth rate.
Secondly
, I believe that they should encourage migration from
developing countries
so
that the problems of over-crowding can
be solved
.