We’re living longer, staying active and healthy, and having fewer children.
On one hand, you could see this as a demographic disaster in the making. There would be fewer workers to drive the economy and pay for Social Security, and more people collecting benefits while not being productive.
The obvious solution is to work longer, which would simultaneously solve the worker shortage, the Social Security issue, and the problem of what a healthy, vibrant person should do all day if they’re not interested in bingo or shuffleboard.
But keeping workers around longer poses a number of logistical problems for companies. Here are my suggestions for how to solve them, including some solutions that we could start getting in place today: