It is responsibility of individuals to save and provide for their own retirement. Governments have no obligation to provide this benefit. To what extend to you agree or disagree with these statements?

It is argued

by

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many that one should invest their money in order to

support

themselves after they refrained from working

further

and the government should not be liable towards paying them. I strongly disagree with

this

and think that citizens pay taxes as an investment and it is a challenge to make an estimation as to how much a person should or is capable of keeping for future purposes. To start with, nationals are levied taxation to aid the government so that it can benefit its citizens in various areas.

Although

this

amount is utilised in different parts of development like

,

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infrastructure, education etc., it should be noted that individuals are already giving away the money they could save.

For instance

, many European countries levy heavy taxation on the working population for the region's growth

as well as

to

support

them after retirement.

Furthermore

, the public is stressed free for their old

age

and happily deploys a portion of their earnings to the authorities.

Hence

, it is the duty of the officials to serve mankind under their control in every way possible.

Secondly

, humans can need more money than they can save.

Moreover

,old

age

is demanding in terms of healthcare and the inflation rate may be over the prediction.

As a consequence

, a human may not be able to have an accurate estimation of monetary requirements.

This

would lead mankind to be in a helpless situation.

For example

,

due to

the earthquake in Nepal, the country's nationals had to face monetary loss in the economic sector,

due to

this

, people could not keep a part of their earnings for future needs.

Therefore

, it is the role of higher authorities to analyse the requirements of old

age

of the population and be prepared to

support

them.

To conclude

, there is clear evidence to

support

the argument that the ruling party should aid its citizens after their working

age

.

This

can be accomplished by utilising their taxes and maintaining proper policies.