As the elderly population grows, the strain on government-sponsored pension and healthcare programs can disrupt social solidarity by pitting different age groups against each other in competition for limited resources (Wright 2024). While older individuals may feel solidarity with one another, tensions may arise between retirees and working-age populations as resources become scarce. Therefore, social solidarity is crucial in navigating the complexities of an aging population (Wright, 2024). For instance, the lack of comprehensive planning for long-term care costs across America exacerbates the challenges faced by older individuals, further undermining social solidarity. Without adequate support systems in place, older adults may struggle to maintain their quality of life in retirement, leading to increased social tensions and disparities in access to resources (Doonan, 2024). Karl Marx's theory of class conflict highlights the struggle between different social classes, particularly the bourgeoisie and proletariat. Retirement challenges, particularly in younger generations, exacerbate class tensions and contribute to social …show more content…
Conversely, those lacking economic capital may rely more heavily on social and cultural capital to navigate retirement challenges, such as forming support networks or accessing community resources. Understanding the interplay between these different forms of capital is essential for addressing social inequalities and promoting retirement security for all individuals, regardless of their socioeconomic status (Doonan, 2024). Pierre Bourdieu's concept of capital configuration examines the interplay between economic, social, and cultural capital, and how these factors influence individuals' experiences of aging and retirement (Wright 2024). For instance, individuals with significant economic capital may afford high-quality healthcare and leisure activities in retirement, enhancing their overall well-being. Conversely, those lacking economic capital may rely more heavily on social and cultural capital to navigate retirement challenges, such as forming support networks or accessing community