Are there any plans for elders more than 60 years old in the future?

It is a journey from young till old and we die. But before we reach the final destination, there is another pretty long year (about 20 years) to live. We classified this category as post-retiree or we called them elderly or golden age. We label this group of people, but, do we have any plan in place for this group of people?
A long time ago, when human life expectancy is short due to the health care system, wars and other social economy factor, we have the least concern for people who pass like 50 years old and above. The majority of them will have passed away due to illnesses or war.
As we become more advance, people do live longer and when that happens (happening), what is their role in society?

I like this infographic from Statistic Department that separate 6 generations of the population in Malaysia. Mathematically, there will be around 5 million people will be age 60 and above after year 5 years later. These are the group if I would say, holding the most financial assets compared to the other generations. Furthermore, this group will require a special design health care system to support them (or we can just ignore them and let them die faster to save resources). Besides extending the retirement age from 55 to 60 years old. Does this country has a more brilliant plan?

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