Nowadays, the question of who should take responsibility for the financial support of older adults has been a debatable topic. While some argue that that is the government’s duty, others advocate that older people should be in charge of their retirement. In this discussion, I will present both perspectives and share my own viewpoints.
On the one hand, social security is a very important factor in any country. The state should look after the children as well as the elderly population to ensure the well-being of the nation. Just take an elderly individual who devoted his whole life to the betterment of the country. For example, individuals, engineers, teachers, or doctor, dedicated their own energy to developing the country for a long period. I strongly believe that dedication should be paid off financially when those are retired. Hence, it is very important to establish a social security fund to look after the retired generation.
On the other hand, some public says that everyone should save plenty of money while they work, to use during the latter part of their life instead of expecting state financial support. That is individuals are expected save a certain percentage of their own earnings for themselves, instead of spending all for their families. That could also become a reality if their incomes were high enough, and this could relieve the government from the burden of looking after adults. However, since not everyone can afford the cost of living while still saving, some kind of state fund is necessary to care for the older generation.
In conclusion, I firmly believe that there should be a financial package available on request for retired people to support them and enable them to live a peaceful life during the latter part of their lives.