Advantage of Population

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A larger proportion of ageing people can add experience to the workforce. Older people often have higher accumulated savings per head than younger people. The second largest expenditure of most governments is education and these expenses will tend to fall with an ageing population, especially as fewer young people would probably continue into tertiary education as they would be in demand as part of the work force.

In summary, the over 55's may spend less time in paid employment than their younger compatriots, but that does not necessarily mean they are a burden. Activity is not worthless just because it is unpaid and larger numbers of older persons should increase time given to voluntary activities. (It is probable, too, that these activities could become more 'valuable' in the future as better educated cohorts reach retirement age. Volunteers, as indeed they do now, may offer legal, accounting, computer or other expensive skills freely to family or voluntary organizations).