They have experience beyond the knowledge of any young so could solve many problems more efficiently and effectively.

Introduction:
Elderly people, defined as individuals aged 65 and above, are indeed valuable assets to our nation. They possess a wealth of knowledge, experience, and wisdom that can greatly benefit society in various ways. In this response, I will provide detailed reasons why elderly people are assets to our nation.

1. Economic Contribution:
- Elderly individuals often have a strong work ethic and continue to contribute to the workforce, whether through part-time jobs or volunteering.
- They bring a vast amount of experience and expertise to their respective fields, which can be invaluable in mentoring and training younger employees.
- Many elderly people also start their own businesses, creating job opportunities for others and stimulating economic growth.

2. Social Cohesion:
- Elderly individuals play a crucial role in maintaining social cohesion within communities. They often act as the glue that binds families and neighborhoods together.
- Their presence fosters intergenerational relationships, allowing younger generations to learn from their wisdom and experiences.
- Elderly people often serve as caregivers for their grandchildren, allowing parents to pursue their careers while ensuring the well-being of the children.

3. Knowledge and Wisdom:
- The elderly possess a wealth of knowledge accumulated over their lifetime. This knowledge is often rooted in personal experiences and can serve as a valuable resource for decision-making and problem-solving.
- They can provide historical context and perspective on various issues, helping society avoid repeating past mistakes.
- Elderly individuals often serve as cultural and traditional guardians, preserving heritage and passing down essential values to younger generations.

4. Volunteerism and Philanthropy:
- Many elderly people engage in volunteer work and philanthropic activities, dedicating their time and resources to help others in need.
- Their experience and skills make them valuable assets in various charitable organizations and community initiatives.
- Elderly volunteers often contribute to the betterment of society by providing essential services like mentoring, tutoring, and healthcare support.

5. Political Engagement:
- Elderly people are more likely to vote and actively participate in democratic processes.
- Their higher voter turnout ensures that the needs and concerns of the elderly population are addressed by policymakers.
- Their wisdom and experience in politics can also guide younger generations in making informed decisions and shaping the future of the nation.

Conclusion:
In conclusion, elderly people bring immense value to our nation. Their economic contribution, social cohesion, knowledge and wisdom, volunteerism, philanthropy, and political engagement all contribute to the overall development and well-being of society. Recognizing and appreciating the assets that elderly individuals are is essential for building a thriving and inclusive nation.