'A large number of retirees is not a problem in itself; the proportion of retirees to new workers is the problem,' labor economist Ron Hetrick told Newsweek.
Experts have warned of a 'silver tsunami' as America's population undergoes a huge demographic shift in the near future.The population of the U.S. is ageing. Recent findings from the U.S. Census Bureau indicate that by 2035 older adults will outnumber children—a first in U.S. history. The upcoming changes could lead to a number of problems, with increased demands on health care services, the overall workforce and economy, experts have told Newsweek.
'Unfortunately, our bodies and brains weren't engineered to function efficiently for the duration of today's average life expectancy, so people are living longer but not necessarily better.'Alzheimer's disease, diabetes, cancer and numerous other age-related diseases lead to disability and dependence, and relatively fewer adult children than ever before are available to assist with caregiving—the economic and emotional burden of these trends are daunting.
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