Asked by
Maria Lopez
on Nov 12, 2024Verified
Retirement is occurs when an individual
A) moves to a community exclusively for older-age people.
B) exits from the paid labor force.
C) goes back to school.
D) stops caring for children.
Paid Labor Force
Individuals who are engaged in work for which they receive monetary compensation, contributing to the formal economy.
Retirement
The phase of life after ending one's active working life, often involving receiving pensions or retirement benefits.
- Comprehend the factors affecting retirement and financial well-being in older age.
Verified Answer
DH
Learning Objectives
- Comprehend the factors affecting retirement and financial well-being in older age.
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