But there are 2 other interesting factors to an aging society that they did not mention:
- what will the retirees (~60+ y/o) do with their time? Not a small issue, I'm not thinking about economical consequences but simply social consequences & people's well-being. For some people, their job means A LOT, and once they retire, they don't know what to do. My dad is an example: R&D engineer, worked a lot until he retired, nowadays he just roams around the house (a sad view).
- what is going to be the impact of such a huge number of older people on the moral views & technical progress? As you know, many older people grow more & more conservative ("stuck in their ways") or even reactionary as they age. This creates a serious number of potential issues with social progress and probably technological as well. Older people are often "left behind" by new technologies & social changes. This was not a major problem when they were a small minority, but once they'll become a not so small minority, their voices will be heard much more. I wonder if this could not lead to some stagnation or at least a slowdown in some areas/subjects (things like gay marriage, acceptance of alternative sexualities, etc.), or -at worst- a throw-back in some areas (look how HARD sexual freedom -in the broadest sense- has been hit those last 10 to 15 years, will you expect conservative/reactionary people to hold liberal views on that?).