Retired people largely live off their savings; their economic activity is almost entirely consumption.
Why is this listed as a gain? Are you assuming life extension increases work-span but not retirement-span?
ChristianKI is right—I was speculating that people would stop retiring. Updated my post to make that clearer.
Given this is listed under “possible gains from life extension” it seems like the assumption of the OP is that people won’t retire anymore.
Why is this listed as a gain? Are you assuming life extension increases work-span but not retirement-span?
ChristianKI is right—I was speculating that people would stop retiring. Updated my post to make that clearer.
Given this is listed under “possible gains from life extension” it seems like the assumption of the OP is that people won’t retire anymore.