Government Should Take Care of Old People IELTS Essay
Some people believe that the government should take care of old people and provide financial support after they retire. Others say individuals should save during their working years to fund their own retirement. What is your opinion?
Give reasons for your answer and include any relevant examples from your own knowledge or experience. You should write at least 250 words.
Real IELTS Exam Question, Reported On:
Practice with Expert IELTS Tutors Online
Apply Code "IELTSXPRESS20" To Get 20% off on IELTS Mock Test
| India | 30th July 2022 |
Government Should Take Care of Old People IELTS Essay
Many argue that the government should look after elderly people and provide pensions after they are 60 years old. However, others say that people should save money themselves for later use. I agree with the former viewpoint because savings would not be enough to support people, and residents pay taxes to the government all their life.
The main reason why the government must take care of old people is that their saving would not be able to support their medical bills, house rents and monthly grocery. This is because the inflation rate has been quite high in the last few decades and there are no signs that inflation rate will go down in the coming years. This will lead to people who have a small amount of money to pay their bills. For example, a recent study in the US found that in coming years prices of housing, medical and other necessary items will go high that it would be very difficult for people to buy certain items. Therefore, it is necessary that the authorities should look after elderly people. ieltsxpress
Another reason behind this is that people pay taxes to the government authorities while they are working. The government collects taxes from residents as an income tax, service tax and property tax. Therefore, people already have paid enough to the state that they can pay for monthly pensions to all elderly people. To illustrate, the UK government impose 30% tax on income, and the government earns millions of pounds. A small portion of this income should be distributed to people in the form of pensions to older people.
In conclusion, the government should take responsibility of their citizen for their health and financial assistance because monthly savings will not be able to cover their monthly bills, and taxes are paid to the taxation authorities by people all their life.
Government Should Take Care of Old People IELTS Writing Task 2
It is true that when people advance into their golden years, they require more help and attention. For that reason, a significant number of people hold the opinion that the government should provide financial assistance to the elderly. However, I tend to agree with those who argue that workers should be saving a portion of their income to have a nest egg in their retirement.
To begin with, a culture of saving rather than depending on the government may foster the overall economic development of a country. In other words, if people were to accumulate their own savings for their pension age, it would lessen the financial burden on the government. As a result, the government would be able to release more funds to more productive purposes, such as development of infrastructure, industries, hospitals, and so on, which may expedite the overall progression of a country. IELTS XPress
In addition to economic factors, putting money aside has some personal benefits. Since savings-oriented people are not dependent on the state for their living expenses, this may instill a sense of self-respect and pride in them. On the other hand, those who are reliant on financial assistance very often face the negative societal stigma, as many people consider them to be inferior and unworthy members of society. Hence, to live a life with dignity and pride, taking responsibility for funding one’s own retirement is evidently a better option from individual perspective.
In contrast, the provision of monetary outlays for retirees has proven unfeasible in many countries. Since in many nations the number of senior citizens is on the rise, in the long run governments are likely to struggle to sustain the cost of providing for the elderly. The early signs of this have been seen in many countries that were forced to raise the retirement age, including my home country where men can now retire at the age of 67 instead of 65. Therefore, in the foreseeable future, these kinds of support may become completely unsustainable.
In conclusion, the provision of state monetary support may undoubtedly lessen the concern of retirees to some extent. However, considering the issue of sustainability of this provision, it is better to opt for individual savings from the very beginning of working life, for the benefit of both individual and national development.
Also Check: New Technologies have Changed the Way IELTS Essay
