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Essay

Taking Control of Retirement

Essay specific features

 

Issue:

Social Issues

 

Written by:

Sherry T

 

Date added:

November 7, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 895

 

Was viewed:

1058 times

 

Rating of current essay:

 
Essay content:

Although this increase would provide an extensive retirement income for the parents of the boomers, people from the boomer generation did not repeat the procreation; leaving themselves without the necessary population to fill the void for their security and pensions. Another factor that the founding persons of the current Social Security Act couldn’t have prepared for is the growth of health care technology, causing longevity for the Baby Boomers...
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The average life expectancy in 1935 was around 61 years of age, but as of 2001 this age had increased to over 77. Without any way to make up financially for the deficit of potential participants paying to the Social Security pot, this retirement fund will surely become depleted. The time has come for a serious reform to insure a future for the next generation...
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General issues of this essay:
RETIREMENT Retirement Paper Retirement Planning Retirement Speech retirement Social Security Reform: Increasing Taxes and the Retirement Age Wotking Into Retirement Benefits Of Early Retirement Planning Retirement Retirement Benefits Authority Retirement Planning Retirement Revamping Traumatic Effects Of Retirement retirement decision Taking Control of Retirement
 

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