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

In general, how to live after

people

retired from their work is one of the big issues over their lifetime,

this

is argued by two dimensions. Some believe that financial aids have to be taken the responsibility of the

government

which means there must be political protection of these lives.

On the other hand

,

people

claim that we need to save our

money

for the future and make our lives with our own

money

. Both views are based on critical reasoning, though I would like to say that

people

should not rely on the

government

and they have to plan their life because the financial vulnerability is getting larger in every country.

Firstly

, the

people

who finish their job are already paid

money

as taxes from their income to get support for their after-work life,

this

is represented as the pension.

For example

, in some countries,

people

must pay a certain

amount

of

money

every month,

this

money

is available to receive when they need it.

Therefore

, it is a valid right to receive

money

and it can be said

people

invest in the

government

when they are working.

However

, the system of pension is gradually getting out of order because the population of each age is not balanced anymore. Especially in developed countries, the younger generations have been pressured to be the resource of financial aid for a larger number of elderly

people

, and

also

a reduction in giving birth is strongly predicted.

This

situation describes that the

amount

of

money

retired

people

can get would be less than the

amount

of

money

that they paid.

Furthermore

, some countries paid out a huge

amount

of debt to recover from

this

unfairness like Japan, which means the monetary vulnerability has escalated. So

people

had better not trust the existing financial support, even though they are offered by the

government

. In conclusion, the financial structures from the

government

seem like providing stable financial support,

however

, these are already not enough to trust and

people

should have their own financial plan for the time when they come over their work.