Retirement spend down

The stigma that comes with aging commonly involves cognitive decline and vulnerability though this is very rarely the case. While their bodies may be declining, they are still incredibly mentally sharp and aware, and still present as every other information user: one that continuously seeks and uses information to meet their needs. During this time of exponential technological and information growth, everyone needs information to survive and thrive, and the elderly are no exception. They…

provide access to the American dream? Yes and no. The American dream of today is not the same as it used to be. The traditional American dream is taking care of oneself or the family by working hard, paying bills without any worry, and saving up for retirement. American society makes it hard for the average person to achieve these goals. People in America work their tails off just to make sure the electric bill is paid or food is on the table, but real life is not like the movies, you can’t go…

The Untied State aging society will considerably be higher in the coming few years when the post war baby boomers are retiring. This will place a significant additional burden on the income security spending of the U.S. government and bring new challenges to existing economic policies. This paper analyses the impact of increasing aging population on the macroeconomic variables in the labor market, government spending, and fiscal policy of the United States economy. Introduction…

In my opinionated article written by Karen Li on how “physical and mental exercise contribute to a happy and healthy old age” is that the general idea of keeping active will led to a better and healthier life, reducing the risks of deceases like dementia and other illnesses related to old age. Keeping old folks active will also help the economy by saving around 100$ billion in our health system by reducing the treatments and medicine prescribed. Another benefit of staying active is staying…

J.F. Powers’s intriguing allegory of a grizzled and jobless Mr. Newman piques one’s curiosity as Powers accounts Newman’s acceptance of the sacrifice of his old desk job life for a physical, laborious one and the gradual adjustment to his new reality. In the story, Mr. Newman has to adjust to his new job as a packer in the shipping room after living his whole life with a white- collar job in an office. Powers’s melancholy account evokes pity and sympathy for Mr. Newman by describing his…

20s. They get married, buy a home and purchase their first vehicle. While your 20s are an exciting time, there are money mistakes in your 20s that you need to avoid. The financial decisions you make in your 20s can affect your investment health, retirement security and stability for decades to come. 10 Money Mistakes in Your 20s to Avoid 1. Buying a Better Car Than You Can Afford This is one of the most common money mistakes in your 20s by far. After driving a cheap car…

States should restrict older drivers on the road. Here are the reasons why… Older adult’s experience physical changes, there are age-related disorders that impact the cognitive ability to drive, and the fatality rate involving older adult drivers has increased. All the reasons stated above impact the ability of an older person to drive safely. I believe the Archenbaum’s public vs. private would support my argument of being in favor of states restricting older drivers. The first reason why I…

instead of laying in bed all day. When retirement approaches, old people often worry about what they will do in spare time. More than often old people are…

Elders” and “How the elderly are treated around the world” show how the elderly are treated and respected in different places around the world. Some cultures honor and respect their elders, as they do in The Giver, but some cultures feel seniors weigh down on families and on the society. In some countries, such as Korea, the elders are treated and respected greatly, which is similar as to how elders are treated in The Giver. As stated in “ 7 Cultures That Celebrate Aging And Respect Their…

After professional athletes retires(and reaches an old age), they have expensive medical bills for prolonged health problems. They have to pay these bills with the estimated 24.7 dollars that they earn in their very short career. Many professional athlete get paid so much because of their five to fifteen year career, which is much shorter than the average person’s career. To begin, athletes have very little time to earn that money. They have an extremely short career and it lasts five to…