Human Growth and Development / Unit 16 HGD 2284 short lesson, about 20 seconds
Other Barriers to Retirement
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The idea
Beyond finances, psychological barriers, such as fear of an occupational void and lost identity, social timing and poor health all shape retirement.
In practice
A worker delaying retirement until her spouse retires and the youngest child is independent.
Where people slip
Poor health can force early retirement, especially for low-income workers, and limit retirement activities.
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