Contemporary health care science is capable of dealing with numerous disorders and is a foundation of an increased life expactancy compared to the past observations. It may be both advantageous due to the older generation’s professionality and detrimental because of the increased value of taxes.
On the one hand, longer lasting human’s life may offer wisdom and experience. Older people mostly knowledgeable, have a lot to share, and can make contributions for society. For example, if an old professional continues working in an edducational institute, he or she would help students with their learning process and mentor them. Therefore, support and advice from elder ones is valuable as there is not any individuals with the same understanding of life.
On the other hand, longevity of people may add financial pressure for the young generation. While the amount of elderly people increases, the government allocates substantial funding as their retairment salary, which will impact on people’s contribution. For instance, the number of taxes may significantly increase in order to ensure appropriate finance for the older generation. Therefore, the accumulation of older individuals may arise problems in pension system.
In conclusion, medicine nowadays can tackle with a wide-variety of health problems. It influenced the mankind’s lives length, so they exist longer than they once does. This trend is beneficial not only for society’s , but also has negative impact on pension.