The Responsibility of the Young to Provide Financial Security for The Aged

Do You Believe That It Is the Responsibility of the Young to Provide Financial Security for The Aged?

Now in a time of change and hardship, whether youth should be in charge of securing the financial well-being of aging people has become a subject of much discussion. As groups deal with more seniors and troubled retirement plans, the younger set faces more demands to aid their older counterparts. This paper seeks to look at both sides of the dispute and decide if the weight of attending to the aged should mainly depend on the young as viewed by honegrade.com.

A convincing reason for youths to financially uphold the aging is found in ethics and what society owes its members. Aging individuals have often contributed to their towns' progress and improvement throughout their working lives (Khan, 2019). Therefore, the next generation may sense an ethical requirement to reciprocate and back them in retirement (Khan, 2019). As a result, recognizing their interdependence, the young can contribute to a society that prioritizes the welfare of all its constituents, ensuring a sturdier social fabric.

While the stark economic challenges confronting youth today cannot be ignored, neither can their resilience and determination to overcome them. Many young people struggle with mounting student loan debts, expensive housing markets, and precarious job prospects (Lain et al., 2019). Under these circumstances, placing the burden of financial security for the aged solely on the young could exacerbate their economic struggles (Lain et al., 2019). Consequently, this could impede their ability to save for their futures. 

Lastly, a cooperative approach should be sought instead of an oppositional one to resolve this problem. Authorities could establish programs motivating youth and seniors to aid each other (Lain et al., 2019). Focusing on teamwork, communities can forge closer ties across ages and nurture an environment of shared assistance and esteem.

To sum up, the economic welfare of maturing members of the citizenry poses a convoluted and diverse predicament. As the moral duty of the youth is to aid the mature, it is imperative to recognize the fiscal tribulations confronted. Rather than encumbering the youth alone, communities should work towards cooperative intergenerational resolutions encompassing assorted interested parties. Accordingly, this is because the pecuniary security of the mature is guaranteed without jeopardizing the youth's prospects for a protected future. Give us a try