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Every country needs new economic and social strategies to deal with the inevitable aging world shortly.
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The United Nations said in a new report released on Thursday.
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Globally, the population is growing older; however, the consequences haven't been felt the same way.
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Some people over 65 enjoy financial security, while others are in poverty.
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To lessen the differences, nations need to invest in their citizens throughout their lives, according to the report.
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However, it doesn't mean that those with populations that are relatively young need to put off the task of getting ready for aging populations.
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They will be confronted with the same challenges shortly, according to the report.