While the other options (A, B, and C) are possible reasons for retirement, they are not the most common. According to a study by the Employee Benefit Research Institute, 61% of retirees say they retired by choice, while 17% cited health reasons, and 6% were due to their employer's decision. Therefore, retiring by choice is the best choice.

Solved

Most People Retire

Question 72

Multiple Choice

Most people retire

A) because their company downsized and let them go.
B) because they accepted a retirement incentive package.
C) because they are in poor health.
D) by choice.

Correct Answer: