As the population grows around the world, the question is who is responsible for assisting retired people becomes increasingly significant.
While
some believe that higher authorities should pay to aid a ceased employee, others think that the individual must pay for their expenses. Linking Words
This
essay will explain both views with suitable examples and give my opinion.
Linking Words
To begin
, the first and foremost reason why leaders are accountable is to provide help to senior citizens, which is a tax. To explain it, when folks are young, they work and give a part of their salary to the government as a tax, which is used for construction, occupation, or other social services. Linking Words
Additionally
, when they grow older and are unable to work, the authorities are responsible for paying their fund back. Linking Words
For example
, in Canada, some portion of workers' payment is cut and returned when they leave their job to help them financially, which is a great benefit for the masses because they don't need to beg money from someone; Linking Words
Hence
, they live their life gracefully and respectfully.
Moving towards another point of view that people should be obligated to prepare for retirement is Linking Words
due to
several reasons, the major one being savings. To elaborate, every person is aware that one day they will get old and incapable of a job, so they should make preparations before, by saving money. Linking Words
Moreover
, the guarantee of having financial support at a certain age without tasks can make individuals lazy. Linking Words
For instance
, a survey conducted by the University of America reported that more than 50% of Americans work just to cover their expenses, and when they have capital, they quit their job and start again when every single penny over they never thinking about savings. Linking Words
Due to
the assurance of income in old age.
Linking Words
To conclude
, Linking Words
although
both points have their benefits and side effects, I am in favour of the former statement that the government should provide Financial security in later life for a few reasons, Linking Words
such
as to live life peacefully and so on.Linking Words