
Experts call for radical rethink of pensions and work-life balance to tackle problems of increased life expectancy
Society will have to embark on some radical rethinking of everything from pensions to the work-life balance if it is to cope with increasing numbers of people living to be 100 and older, demographic experts have warned.
According to figures released this week by the Department for Work and Pensions, more than a quarter of children aged 16 and under can expect to see their 100th birthdays.
The statistics revealed that as many as 11 million people alive now will become centenarians: 3.3 million are aged 16 and under; 5.4 million of them are between 17 and 50; 1.4 million are 51-65, and more than 900,000 are already over 65.
The pensions minister, Steve Webb, said the state pension system had to be made "fair and sustainable for future generations" if people were likely to be spending more than a third of their lives in retirement. But others have suggested that a far more radical approach is required.
, not 65 (that is the age limit in my country). In most cases my job is not fun, and in my older days I would like to enjoy life to the fullest, not work. Of course this does not apply to the people who like their jobs, and their job is their fun ( I don't know how many of these are 

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