Essays on Retiring

Happiness is the most fundamental and priceless thing that everyone desires. Children have extreme happiness because everything is provided for by their parents and guardians. As a person ages, the degree of happiness reduces gradually, because of the pressures of life, and it becomes extreme as a person retires from their work. Whisenand & McCain developed a PERMA formula intended for a lifetime happiness. PERMA formula is a happiness formula that was developed after a realization that many people deviate from happiness as soon as they approach their retiring age. On the same note, many people may enjoy their workplace ...

Currently, the United States health care system is struggling with an acute shortage of health practitioners especially nurses who are the major and significant primary health providers and close allies of the patients on their journey to full recovery and enhancement of their well-being. Thus, there is a need to boost and support the effort that will increase the number of health care practitioners in the country. On the other hand, just like the rest of the world, United States is also an aging society and the general population keeps increasing. Notably, during the 21st century, persons of the ...

Ageing of the general population including a greater proportion of the labor force is a global phenomenon (Kulik et al. 930). Due to the magnitude of the phenomenon, employers as well as the employees should be concerned with matters retirement. This is despite the fact that there has been a notable improvement of life expectancy both at birth and at the age of sixty years. However, this observation may differ worldwide with regard to development. Along with the ageing phenomenon, the retirement of the “baby boom generation” has affected the global labor market. Therefore, the significant increase in longevity ...

There is a picture of Arthur Klobe standing at attention, hanged at the entrance of the Greatest Generation display at the Minnesota History Museum in St. Paul. Born 1919 in Young America, Klobe was among World War II strategist. He was the child of Alice and Herman Klobe and sister to Marguerite Paplow. He is well remembered for his straight forward personality and natural presence. It can be said that he enjoyed quite a long life in which he accomplished a lot as a result of his endless curiosity. After pursuing his first degree from the University of Minnesota, ...

1. Age to Retire: The perception for engineering people has never been passive, but they have to face same difficulties as other professionals face on their retirement. Most of the people are in doubt that they have enough money to life conformably after their retirement. The chances that retirees will get social security benefits are lower, when they need these benefits most. According to a survey like other groups of professionals, engineers also say that they are planning to retire at the age of 66. Therefore, considering all the difficulties that can be the part of after retirement life, ...

The article by Casselman Ben titled the rising unemployment rate is good news argues about the positive effects of the rising unemployment rates for the overall economy. The majority would find this statistic data as a bad news, but it has positive impacts on the overall economy. The article is presenting the raising of the unemployment rate from 4.9% to 5%, which results in the space the market has in order to keep improving. The reason why the increased unemployment rate benefits the economy has been given since “the government counts people as unemployed only if they are actively ...

Personal Finance Essays

The Wall Street Journal on April 8, 2016, the author Jason Zweig says the government is not responsible for the retirement savings of the people. The government since the great depression in the middle of the 20th century created the social security system which guarantees (in theory) a pension and retirement funds to all the people that are over sixty years and serves more than thirty years or more, depending on the institution or company (Zweig). The welfare state created by the government and emulated by other countries in Europe and America works similar a pyramidal scheme. The new ...

Executive Summary

Financial planning is both a science and an art. To properly determine the viable asset allocation for each individual, their time horizon and life goals are given prime consideration. In this case, the near retirement couple would be suitable for investments that provide a fixed return. Since they expect to derive income from their retirement fund, it should likewise be able to create a positive fixed income stream. Meanwhile, the risk level of their fund should be at the low end. The couple does not have the chance to recover losses if any, as compared to when they were ...