Category: Retirement

Life expectancy is nowadays considerably higher than it was in the previous century thanks to the development of healthcare and society as such. Today the part of the elderly population has grown due to a decrease in fertility rates in developed countries. In the U.S., almost 15% of the population is retired, which means they…

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…

Today, there are several ways to save money for retirement in order to provide funded income in the future. The two most famous methods are the 401k US private pension plan and the Individual Retirement Account (IRA). These two models imply some privileges in taxation as well as profitable accumulated interest. It is important to…

Table of Contents Introduction Discussion Conclusion References Introduction Individual Retirement Account was originally invented to improve the pension plans, which are still widely used. The fact is that, the pension plans were also improved, and nowadays, these are two different approaches towards paying retirement financial compensation. This paper aims to compare these two approaches, and…

Choosing the optimal discount rate is a task that requires taking into account information regarding both the companys properties and external data. An employer should consider several factors relating to the business when setting the discount rate. In this case, the companys financial stability is determined by characteristics that include the type and scale of…

Summary Retirement investment portfolios are used to create a balance between capital preservation for safety purposes as well as the growth of the capital that would protect it against inflation (Anderson et al., 2016). In a balanced retirement portfolio, there are two distinct characteristics, which include diversification and a fixed income. While diversification is intended…

Everybody will encounter retirement at some point, and, therefore, it is vital to make the most out of ones retirement savings. Saving for retirement is a wise financial decision regardless of age or economic status; these funds determine how comfortable a person will live in old age and if their money will outlive them (Horwitz…

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…

A retirement plan is important to develop in advance because of the benefits to individuals, businesses, and employees. It allows investing in financial security when some of the employees retire (IRS, 2022). Mr. and Mrs. J have been married for thirty years and have built a small business together that is the source of their…

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…