Which of the following illustrates the concept of "staged retirement"?
A)Alicia carefully plans for retirement beginning when she is in her twenties.
B)Marco's company requires him to retire at age sixty-five.
C)Latoya continues working in her old age,but at a reduced level.
D)Sam finds other activities to fill the time once spent working.

Question

Quizplus · Accepted Answer

Staged retirement refers to a gradual transition from full-time employment to retirement. Option C is the only one that fits this definition, as Latoya is continuing to work but at a reduced level. Options A, B, and D do not necessarily involve a gradual transition but rather focus on retirement planning, mandatory retirement, and finding other activities to fill the time, respectively.

Which of the Following Illustrates the Concept of "Staged Retirement