Over the past decades, in the industrialized nations, the standard expectation of life is rising for

manifold reasons. This essay will pinpoint the main hazards and thus, suggesting some measures
which can be implemented to address the problem.

It is obvious that there are a number of problems related to this trend. First, individuals in the
retirement age are able to receive pension. This means that the young employees work hard and pay
higher taxes, which make them feel discouraged and depressed. Hence, a number of younger
employees will be reduced. Second, governments might have to spend more budget on health care
and pensions. Provided that the elderly in their retirement are not working, they do not have to pay
tax revenues. As a result, the national economy will be impacted.

When it comes to solutions, there may be various ways to combat this situation. The most practical
measures is that governments should increase the retirement age from 65 to 70. ON account of the
verifiable truth that this will help decline expenditure on pensions. It is evident that the aged are
valuable to organizations and younger employees. On the other hand, governments encourage
immigration in order to increase the number of working adults who pay taxes. Therefore, tax
revenues could be used for other fields to improve the growth of a country.

In conclusion, despite the fact that the effect on the elderly populations can cause a whole host of
social issues, there are still multitude for down-to-earth remedies.