Final answer:
The speaker emphasizes the need for financial security and tranquility over the pursuit of luxury or excessive comfort, arguing for a modest but stable income. Thus, the statement that having more money is solely for increased comfort in old age would be false. The text also highlights the difference between financial sufficiency and subjective well-being.
Step-by-step explanation:
The passage provided suggests that wealth is desired for the comfort and tranquility it can bring to one's life, rather than for extravagance or luxury. From Dorothy's perspective, having an income of sixty pounds a year would allow her to live without fear of financial accident or change, suggesting that a modest amount of wealth can bring a sense of security and peace of mind. This correlates well with the modern understanding that while money can provide for basic needs and additional comforts, it does not necessarily equate to increased happiness.
Therefore, the statement asking if the speaker agrees that it is good to have more money in old age for more comfort is likely false, as the speaker's focus is on a moderate livelihood that allows for personal tranquility rather than on wealth for the sake of comfort alone. It is also important to understand the distinction between subjective well-being and financial well-being, as depicted by the character Faith who, despite having enough to cover basics, feels that her income should provide a better quality of life, indicating a sense of subjective poverty.