Retirement Readiness Quiz

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Questions and Answers

Which of the following is a reason why people may choose to retire?

  • When they want to start a new career
  • When they want to continue working
  • When they are eligible for pension benefits (correct)
  • When they are young and healthy

What is retirement?

  • The continuation of work after reaching a certain age
  • The process of finding a new job
  • The withdrawal from one's position or occupation (correct)
  • The reduction of work hours or workload

When did the idea of retirement become popular?

  • Ancient times
  • Late-nineteenth and early-twentieth centuries (correct)
  • Medieval period
  • Modern era

What was the first country to introduce retirement benefits?

<p>Germany (A)</p> Signup and view all the answers

Why did most workers continue to work until their death in the past?

<p>Low life expectancy and lack of social security (A)</p> Signup and view all the answers

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