People should plan for their retirement by saving money. Do you agree or disagree with this statement?

In the modern world, living is getting more difficult so nowadays many
people
are thinking of their retirement period more than in the past. I agree with
this
opinion that saving budget for the future. On the one hand,
this
is not a good idea for
people
to save their incomes for the future life to live in very good conditions without any help which is their children's kindness because they always feel independent.
For example
, In Uzbekistan, many families let their children live
together with
their parents so in retiring period they will not need any financial
support
because Uzbek children have beliefs to
support
their mothers and fathers until their death.
On the other hand
, in many countries there is a rule that the government get taxes from
people
's income for their pensions even if
this
is not enough to live it makes
people
's lives easier.
According to
scientists, old men tend to be ill
in contrast
to youngsters, so they need
support
which is especially money.
For instance
, in Russia more families prefer to let their daughter and son inhabit without them during retirement,
however
, without any financial
support
they can get anything
such
as medicine, food and clothes. In that situation, having saved money helps them to continue their life like before.
To sum up
, saving money for retirement is an essential idea because at any age and any time mankind needs help. I completely agree above words.
Submitted by hamzayevasamina on

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Topic Vocabulary:
  • financial security
  • peace of mind
  • comfortable living standard
  • compound interest
  • unexpected expenses
  • financial stress
  • well-funded retirement
  • government pensions
  • retirement benefits
  • cost of living
  • economic uncertainties
  • financial discipline
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