What happens when high achievers retire?

When we think of retirement, we usually conjure images of silver-haired folks playing golf, going on long vacations or taking daytime naps as a reward for a lifetime of work.

Americans are not financially prepared for old age, study finds

Americans are living longer than past generations, and for many that means working longer, too. While for some this might be a choice, for many it is a financial necessity, according to a new report published Oct. 22 by the ...

Culturally competent robots – the future in elderly care

Future robots will assist the elderly while adapting to the culture of the individual they are caring for. The first of this type of robots are now being tested in retirement homes within the scope of "Caresses," an interdisciplinary ...

Millennials are not adequately saving for retirement, study finds

According to the U.S. Census, millennials accounted for more than 25 percent of the population in 2015, yet this significant segment of the workforce might not be prepared for retirement. In a new study, researchers from ...

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Retirement

Retirement is the point where a person stops employment completely. A person may also semi-retire and keep some sort of retirement job, out of choice rather than necessity. This usually happens upon reaching a determined age, when physical conditions don't allow the person to work any more (by illness or accident), or even for personal choice (usually in the presence of an adequate pension or personal savings). The retirement with a pension is considered a right of the worker in many societies, and hard ideological, social, cultural and political battles have been fought over whether this is a right. In many western countries this right is mentioned in national constitutions.

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