Modern way of life is improving and getting better. Therefore, people these days face less risk than they did in the past and their avarage life span is increasing as well. In this essay, some problems that cause for both individuals and society will be discussed before coming to some solutions.
The first problem is that the number of people who receive pension is currently increasing whereas national budget is limited. This is a huge obstacle for developing countries like Vietnam. When the number of the old aged rise, not only does the budget that the government must provide for them grow, but the need for housing and land will also be much higher. Moreover, young adults will increasingly have to look after their elderly relatives, which also means the demand for properties and medical care will rise. The last matter shouldn't be neglected is the lack of labour source. Because the ageing population, nowadays, has created enormous financial burden, we have to face up to the lack of young labourers who is the main labour force of the country.
However, the government could take some steps to mitigate this problem by raising the retirement age from 55-60 years old up to 60-65 years old. People from this age tend to be active and productive to continue working. Another suggestion should be implemented is allowing young people from other countries to immigrate. This will reduce the ageing population and the young workforce will be augmented.
In conclusion, both individuals and community need to join hands to decrease the impact of ageing population for a better life.