New mode of retirement What differentiates the "new mode" approach from the "usual" mode of retirement?

Question

Quizplus · Accepted Answer

The new mode approach takes the spouse's qualities and family obligations into account, which means that retirement decisions are made with consideration for both partners in a couple. This is in contrast to the usual mode, where one partner (usually the husband) makes decisions about retirement without taking the other partner into account. Option B is partially correct, as pooling assets is a common practice in the new mode approach, but it is not the only differentiating factor. Option D is completely incorrect, as the whole point of the new mode approach is to consider both partners in a couple.

New Mode of Retirement What Differentiates the "New Mode" Approach