How public pension funds can help address climate change

With public pension funds managing $4 trillion nationally and essentially representing the retirement plans of 20 million U.S. workers, where that money is invested has a lot of ramifications.

Rising pension age will cut volunteering

Every year about 6 million Australian volunteers chip in more than 500 million hours of unpaid labor but raising the retirement age will reduce people's ability to contribute their free time and efforts, a Flinders University ...

Don't worry, the kids are cool if you cash in on their inheritance

Cash in on the kids' inheritance and spend up big on the retirement plans—that's the message coming from the University of South Australia as new research reveals that older people are keen to spend their well-earned savings, ...

Why older Americans are taking on more debt

Older Americans are accumulating more debt as they near retirement, according to recent research that reveals a troubling trend in personal finance among people in their 50s and early 60s.

Are people healthy enough to retire later?

While many people are now enjoying longer, healthier lives, current retirement ages are posing challenges for both policymakers and retirees. A new study looked into whether there is potential to increase the retirement age ...

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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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