Category: Retirement

Table of Contents Introduction The Impact of the Demographic Shift Conclusion References Introduction By 2030, I will turn 52, while my father and mother will reach the age of 77 and 78, respectively. I think that the consequences of the current pandemic will span beyond 2020. Social distance will remain a rule, as well as…

Due to the lengthened lifespan among the global population, retirement benefits are an issue of growing concern among employers and employees alike. Because of the increased lifespan, the global population is expected to lead more active and healthier lifestyles in the years to come (Rappaport 151). Consequently, we are likely to witness a novel approach…

Many countries have their alternative ways of evaluating their workers. Basing on the countrys laws and policies, some have set the age of sixty years whereas others set the age of sixty-five years because the retirement age for public servants. an honest example is that the Asian and European countries with the retirement ages as…

Do you ever wonder when is the best time to retire from work? Can you envision yourself sitting in a rocking chair, having idle time and reflecting since the day you were born? Mandatory retirement for workers over the age of 65 is ideal in todays society. A law that enforces a mandatory retirement will…

In this paper I am going to answer the following question: What is the difference between pension and retirement?. But first I have to start with definitions. Retirement is someones withdrawal from active service. In most countries, a worker is said to have retired from service when they have attained a mandatory age or served…

We are living in an age, where many people not only have a higher life expectancy, the majority also lives healthier, stays healthier, appears to stay young longer and therefore many people want to stay busy, maybe even then when they could retire. Those factors would suggest, that retirement is a broad term, leaving quite…

Retirement is something that is frequently postponed and worried about later, especially for people who are younger. For young adults, retirement feels like its still so far away, so it doesnt feel necessary to start planning so early because it barely feels real at all. Younger folks occasionally believe that they have much more time…