Some people believe that the government should take care of old people and provide financial support after they retire. Others say individuals should save during their working years to fund their own retirement. What is your opinion?

The world is segregated into different categories of the
nation
as per their financial status, in
such
a scenario, it is widely believed that it is the responsibility of the government to take care of older age people and help with financial support when they retire. Others think that it is the duty of every
person
to save funds for their future life while they are working. In
this
essay, I will discuss both perspectives and give my logical opinion in conclusion.
To begin
with, an analysis of the former group reveals that the government should give a grant from the
nation
's budget to every elderly
person
. To elaborate on
this
, in
this
developed world, the cost of necessary things is too high and golden-ager could not work at
this
age.
Furthermore
, the authorities
also
provide medical treatment facilities to them.
For instance
, if the pension for a retired
person
is granted by the authorities,
hence
they could fulfil basic requirements without taking the help of anyone.
On the contrary
, the latter group suggest that every individual should save
money
in working life. To explain
this
,
although
people save some amount of
money
, the administrators might not provide funds from the country's budget which may be used for the
nation
's development
such
as in the education sector and basic amenities.
Consequently
, the GDP of the region may increase and every citizen of the country could live in a sense of peace. To conclude that giving pension as an amount of
money
to old individuals is good, but to save
money
in working life it is the responsibility of every
person
for the development of a
nation
,
thus
I accord with the latter group.
Submitted by barotharakh on

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