It is a common belief today that the policy makers have to supply the elder in finance and well-being fields during the retirement, and the others also argue that these people need to have a saved budget to look after themselves. Both opinions have pros and cons in our ever-changing world, and this essay will discuss all the views.
On the one hand, it is noteworthy that the use of money from the retired can act as a catalyst for the economic growth. This is due to the high demand of elder people for services, which fuel the escalation of many fields such as tourism, healthcare and food. In addition, provide supports to the old may put financial burden on the nation state, while the budget can be expended for other crucial purposes. As the result, the money spent on various domains may catalyze numerous merits of the national economy.
On the other hands, the administration should assist the elder, on the account of what they contributed. People need to pay loads of money for taxes to upgrade the facilities such as hospitals, parks, public buildings, and after ceasing the career, they are deserve to receive these benefits from the government. Nevertheless, these assistances can also stimulate the motivation of young employees, in order to fortify the efficiency in tasks, promising for a supported future for each individuals.
In conclusion, it is quite difficult to decide which point of view is sounder and more logical. However, from the previous discussion, i am convince to assert that each old individuals should use their money from the saved budget after retiring from work.
