Description
Thinking about Retirement
Think about your own retirement. In a 5 paragraph essay of at least 500 words, answer some or all of these questions:
Do you expect to retire at a certain age? How much preplanning will you need to do? Do you expect to retire to a life of leisure, volunteer activity, new career, and so on? Where will you live—same family home, retirement community, part of the year in the north and part in a southern resort? Do you expect to be active grandparents/great-grandparents or somewhat disengaged from your offsprings' families? What are your overall impressions of retirement—is it positive, neutral, or negative? Why? Use at least 2 references to support your assumptions. Your references need to relate to concepts learned about retirement and must be scholarly/academic in nature. Use of .com websites is not appropriate.
Explanation & Answer
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Retirement Preparations
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Retirement Preparations
Retirement plans are critical to our lives since they give us a clear path to success and
enable us to make gradual preparations and set goals as we age. Retirement plans also motivates
people to take action without procrastination as time becomes important with age. Different
individuals have diverse retirement plans and preparations depending on their careers and social
classes. Affluent individuals and families may opt to hire a professional investment professional
to assist them in the planning while others opt to make the preparations without professional
help. Most professionals advise people to start early planning especiall...