Value of life in the elderly

When people over 65 make up a larger share of the total population than any other age group, we say that the population is "ageing." The average age of the world's population has been rising much faster than anyone expected, according to the most recent global demographic picture. All over the world, the number of people 60 and older is growing at a rate that has never been seen before. This is because birth rates are going down and people are living longer.