Question

1. Explain how retirement trends have changed since the middle of the 20^th Century (1950s). How has retirement created a reprieve for the pressures of an aging population?

Answer 1

The retirement Trends have changed since the middle of the 20th century in the following way initially the retirement is on the basis of the completion of job it means once a person is employed then it is very rare that the person can change their job or the person can take some risk in the shifting from one job to another job or take a voluntary retirement but as the time passes the mentality and the situation of doing a job is changed dramatically where people are more concern about the leisure instead of to work as per the job period.
Retirement created a reprieve for the pressure of an ageing population. It means the benefit for the upcoming generation and a security sense for the people thinking that this asset placement is only the ultimate target instead they are doing their work according to their efficiency.