Retirement and Aging

Retirement refers to the stage of life when individuals stop working, often around the age of 65. With an aging population, the number of older adults is increasing, impacting society and economies. This demographic shift presents challenges, such as ensuring financial support for retirees and providing adequate healthcare. As more people live longer, there's a need to balance resources for working-age individuals and retirees. This requires thoughtful planning in areas like pensions, social security, and healthcare to support a healthy and active aging population, while also addressing the workforce implications of retired individuals.