It is irrefutable fact that retirement offers many financial benefits to the retired person. Many older people prefer to utilize these funds on themselves rather than save them for their inhabitants. I believe that it is a positive change.
This
essay will discuss its advantages and effects in the upcoming paragraphs.
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To begin
with, there are enormous reasons to consider it a positive development. Linking Words
Firstly
, it gives oldsters an opportunity to enjoy their life to the fullest. Linking Words
In other words
, they spent their whole life nurturing their children and accomplishing the targets related to their office. Linking Words
Thus
, the superannuation amount provides them with a chance to relax and chill out. To exemplify it, it is found in a recent survey that people travelling to tourist destinations are mostly retirees. Linking Words
Secondly
, there is no need to depend on their offspring for medical emergencies if they have superannuation money with them.
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On the other hand
, challenges come with opportunities. Despite having various merits it has a few negatives too. Primarily, Children always need supporting hands in order to establish their professional careers. Linking Words
Therefore
, they need huge investments to embark on their journey. Linking Words
For instance
, there are many examples where savings assist individuals to stand on their feet. Linking Words
Additionally
, these savings can help the upcoming generation in their difficult time as well.
To sum up, I would like to reiterate that there are myriad benefits not only for older people but Linking Words
also
for the wealth of society. Linking Words
Therefore
, I think that spending money on themselves Linking Words
instead
of savings is a positive trend.Linking Words