Some people believe that government should take care of old people and provide financial support after they retire. Others say individual should save during their working years to fund their own retirement. What is your opinion? Give reasons for your answer and include example from your own experience.

As people grow old, they are seeking more financial attention, while it is possible that at their young

age

, they must plan for their

retirement

Accept comma addition

retirement, however

however

it is the fundamental responsibility of the government to take care of their senior citizens financially.

This

essay will discuss why eventually the responsibility lies with the government.

Retirement

plans are considered to be significant for the individual. At the young

age

a person does care about their saving for rainy days,

instead

they tend to spend on every single glitter available in the market, without realising the consequences after the

retirement

because they felt that they must be pleased themselves now and stop planning about the future,

for example

, a recent study by the EIA brokerage firm, suggested that people with life bracket between 25 years to 30 years, it is necessary for them to consider pullout strategy. Overall, an individual compels himself to contemplate their arrangement at the early

age

to avoid burdensome to others at their departure.

Conversely

, It is the foremost responsibility of the regime to arrange better fund strategy for retirees, as they would not be competent enough to work after 60 years of

age

because of their health and mental capacity does not allow them to do so,

additionally

they contribute through hefty taxes to country development,

For instance

, In Australia, a person have to submit 9.5% of their wages to superannuation fund which eventually pay them back after their evacuation. Personal saving will never be able to achieve what has been taken by authorities over hundred of years to achieve. In conclusion, the state

retirement

plan will eventually supersede entirely the individual saving methods,

however

the regime must designed appropriate system and follow them up for their implementation. Ultimately, in the current scenario the government is responsible for their

retirement

.