Dissertation Writers: Describe the factors that a person has to consider when contemplating retirement.
Retirement in the Unites States today forms a normal part of the life cycle. Most people will spend some time in retirement. Atchley and Barusch (2003) describe retirement as a series of stages. This five-stage model takes a life-course perspective on retirement. It shows the interplay between a person’s past, his or her current life, and external events.
The population of older adults in the United States has grown more than ten times in size from 1900 to 2003, from 3.1 million to 36 million people.
Projections show that this population will more than double from the year 2000 to 2050, increasing from 35 million to 86.7 million (Novak, 2009).
Using the South University Online Library or the Internet, research on retirement specifically in the context of United States. Based on your research and understanding, respond to the following:
- Explain the five stages of retirement. Which stage do you think is most important? Why?
- Describe the factors that a person has to consider when contemplating retirement.