People have different perspectives on whether a government should encourage the retired and elderly individuals financially or not. It is mainly an individual's responsibility to conserve money for their retirement, but I disagree that older people should not receive any state assistance. The combination of private support and the government's support might be the best possible alternative for your retired older people. I think that the government should encourage the elderly individuals financially as it is the component of a social democracy that claims the equality of chances and supply of resources fairly. By way of example, many developed nations like Germany, the United Kingdom, and the United States follow this strategy by permitting some money to be cashed for older adults upon retirement. Moreover, it is their right to possess financial support as they had paid their taxes throughout their lives. So they have to take some of their cash back when they need it.