The government should be responsible for providing retirees with financial support and care. While many people think that citizens should save money to take care of themselves when they are old. Discuss both views and give your opinion

The moment of

retirement

happens to almost everyone depending on

age

, gender, and occupation. Some

people

believe that the state administration should be responsible for financially supporting and caring for current and future pensioners,

while

others argue that individuals should think ahead and be financially prepared for the time they retire. In

this

essay, I will discuss both views and give my own opinion about these statements. On the one hand, society and organizations are the taxpayers in every country, and part of their salaries and companies' income goes to the national budget every month. The government

then

allocates gathered money to support vital social organizations

such

as medical organizations, pension funds, and educational institutions.

For instance

, when

people

refuse to work because of their

age

, they start receiving a monthly old

age

allowance. As for me, I count that caring for and supporting older

people

is a good practice.

On the other hand

, some

people

believe they need to be answered for their old

age

and save money beforehand in a specialized pension foundation.

For example

, many countries have non-state insurance companies which provide an opportunity to put money into a

retirement

account with interest rates.

In addition

, after

retirement

, individuals can withdraw a portion of the accumulated amount in a lump sum. For my part, I consider that the use of voluntary pension insurance can lead to the well-being of

people

in old

age

.

To sum up

,

people

are responsible for their lives after giving up work and must be confident in their future. From my point of view, the combination of government support and voluntary insurance for

retirement

would be the best for the happiness of retirees.