In recent years, there has been a growing interest in increasing the age of retirement as people tend to life longer these days. I completely disagree with this statement because will have a detrimental impact on both older and younger people. This essay will explore the reasons behind my opinion.
To begin with, raising the retirement age may force elderly individuals to work despite declining health and energy. In other words, older people experience physical and mental limitations that make it difficult to remain productive in demanding jobs. For example, Canada suffers from a high number of elderly workers who struggle with health issues, leading to reduced job performance and increased health costs. Hence, it can be said that extending the working years can lower overall well-being and productivity among seniors.
Furthermore, this trend can limit employment opportunities for younger generations. To explain, when older employees stay in their positions longer, fewer vacancies become available for young workers entering the workforce. For instance, Egypt has a high percentage of youth unemployment, partly because older workers delay retirement, making it harder for graduates to find suitable jobs. As a result, this policy could not only worsen generational inequality but also hinder economic growth.
In conclusion, although some people recommend increasing the working years as individuals can live for a longer period of time, I firmly disagree with this notion due to its negative impacts on both youths and elderly citizens. In the years to come, it is hoped that governments will launch comprehensive, large-scale campaigns to increase public awareness of this pressing matter.