Question

Which of the following are recent historical trends with respect to retirement?

Multiple select question.
a. Couples are more likely than in the past to be planning for two retirements rather than one.
b. Many middle-aged adults are retiring due to job loss and subsequent inability to find another job.
c. More adults are retiring from jobs that provide defined pensions.
d. Adults are generally retiring at earlier ages than before.

Answer 1

Recent trends in retirement include more couples planning for two retirements, early retirements due to job loss, a decline in pensions, and a trend of people working longer before retiring. So, all the options present here are the correct choices.

Recent historical trends with respect to retirement include all the options present:

1. Couples are more likely than in the past to be planning for two retirements rather than one. This is because more women have entered the workforce and have their own retirement savings.
2. Many middle-aged adults are retiring due to job loss and subsequent inability to find another job. The recession and economic downturn can lead to early retirements.
3. More adults are retiring from jobs that provide defined pensions. In the past, many companies offered pensions to their employees, but this has become less common in recent years.
4. Adults are generally retiring at earlier ages than before. While this may have been true in the past, recent trends have shown that people are working longer and retiring later.