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South Korea has the Highest Proportion of Senior Citizens

South Korea has the Highest Proportion of Senior CitizensNovember 1, 2050 - With 37.3% senior citizens of the total population, South Korea has the highest proportion in the world today. South Korea has thereby passed Japan where 36.5% are over the age of 65.

Japan has currently though the highest life expectancy rate at birth for any population ever, with 88.3 years compared to 84.4 years for the population of South Korea.

The ratio of senior citizens compared to the economically active population (age 15-64) in South Korea has increased to 69.4% compared to only 37.3% 20 years ago. However, elderly people generally work longer before they retire. Even though people live longer than ever before in South Korea, the total population continues to decrease due to the low fertility rate and is now 44.6 million.

 

Argument: According to the Ministry of Health and Welfare in South Korea, and the United Nations, South Korea will have the highest proportion of senior citizens in the world by year 2050.

Questions: How will the society change when the proportion of aging people will increase? What kind of products and services will they be interested in? Sine they in general will be healthier than today, will there be new activities for them?

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Comments:

I live in S.Korea at the momment. The amount of residential buildings going on here is insane. However I do believe that in the not so far off future there will be problems with low fertility rates. Koreans seem to have an obsession with wrapping their little ones in cotton. So I can certainly see more familes only opting for 1 or 2 children.

South Korea, get ready to go over the hill, that hole place is about to start smelling like dusty farts and laundry soap

This is going to cause serious problems on pension plans, social security and so on. the workforce is now all old people and they'll have to rely on robots then other countries will have to rely on robots then we will eventually let robots do everything and then we will become mindless and fat and robots will rule the world while we just sit in our hover chairs eating 25 big macs watching some soap drama of two ROBOTS in love not humans. then eventually the robots will just kill humans and then robots will be the dominet species on earth

No matter what happens in the future, I will still love Korea, forever and always:)

Is this what the future will look like? Please comment:


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