Describe the main benefits associated with an agei
Younger retired people (60s or 70s), contribute a great deal to the economy. The so called 'grey pound' form a large part of the country's spending together with the associated multiplyer effect.
Secondly, retired people are reletively wealthy and have a lot of leisure time, they spend money on travel and recreation proving a range of jobs in the leisure sector.
Also, many retired people do voluntary work and some stilkl do paid, so paying taxes towards the government.