You should spend about 40 minutes on this task.
An increase in people’s life expectancy means they have to work longer to pay for their retirement. One option is that people start working at a younger age. Is this choice a positive or negative development?
Give reasons for your answer and include any relevant examples from your own experience or knowledge. Write at least 250 words.
It is true that the longer span of life people have today compels them to work longer to pay for their retirement needs. The suggestion of starting work at an earlier stage is definitely an option to tackle this issue, but I do not think it always fetches positive results.
The first positive aspect of this trend is that it increases the financial stability of the person. To be clearer, when a financial crisis happens during the productive age of a person, it can be tackled effectively. However, if it occurs after retirement, the results will be desperate. Another advantage is that it gives more opportunities to the person like greater experience and expert knowledge, which open doors for him to get promotions and other incentives. Last but not least this transforms a young person productive, responsible and a dignified person in the society.
Turning to the worst negative effect it can cause is the stress and exhaustion it gives to the young employees. To be precise, the work sector today is much competitive than that was in the past. When the people start working at their early stages, it actively interferes with their life, and they fail to maintain an ideal work-life balance. This results in personal as well as job crises. Another challenge is the difficulty in enjoying the life to the fullest at the most appropriate age. For example, if a person starts working at his early age, he saves a lot of money to enjoy life after retirement, but he may not utilize that in the way which he intended.
To conclude, it is obvious that financial crises which are most likely to occur during post-retirement age can be effectively tackled when a person takes up career at an early age. However, it also has some undesirable effects.