People should plan for their retirement by saving money. Do you agree or disagree with this statement?

Every year, a plethora of breadwinners are retired from their jobs, In which bunch
on
Suggestion
of
individuals save good amount of monetary funds for a secure future. In
this
essay, we will discuss the benefits of saving money for retirement. When people retire, they left with limited resources of income, mostly they depend upon the Government or their children. In that case, if individual have saved with them, they do not have to worry about their future.
For example
, in any uncertain medical emergency, he or she always can use to save for situation. They can
also
use the amount for travelling new places and enjoy the rest of their lives peacefully. In some Western countries, the Government takes full responsibility of their senior citizen
,
Accept space
,
including their stay
,
Accept space
,
power medical emergency etc. In
such
countries, people save less, because they already have secured by the Government.
Also
, in a country like India elders expect from their children, for supporting them in old age,
on the other hand
kids
also
want their parents
t
in the direction of
to
be with them, so that, they can support by taking care of grandchildren. In my opinion, planning for retirement by saving money is necessary. It makes life comfortable and peaceful. Even if the person who receives, pension from government sector monthly, should save some amount of money.
Submitted by varun arora on

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Topic Vocabulary:
  • financial security
  • peace of mind
  • comfortable living standard
  • compound interest
  • unexpected expenses
  • financial stress
  • well-funded retirement
  • government pensions
  • retirement benefits
  • cost of living
  • economic uncertainties
  • financial discipline
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