For the last few ,decades humans have been trying to improve the healthcare systems.Although this progress has increased the life span of humans, it also creates problems on community and personal levels.Furthermore, due to the advanced medical ,,facilities the death rate of elderly people has decreased.As a result,people live longer even after their retirement, and it is leaving negative impacts on individuals themselves and society as a whole ,especially in the case of finance.These problems can be solved by advanced government norms which favour senior citizens.