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Discussion: Late Adulthood Physical and Cognitive Development

Discussion: Late Adulthood Physical and Cognitive Development

Q 1. Consider the following questions: Do you think individuals should retire? At what age do you think most people should retire? Why this age? According to your research, at what age do people typically retire? Does this vary by industry, gender, race, region, or other factors? Be sure to properly cite your source(s). How should retired individuals spend their time to ensure their continued healthy functioning? How does the phrase "use or lose it" relate to retirement? What can people do to avoid "losing it"? 2. Next, use the following online longevity calculator to calculate how long you will live based on factors like gender, diet, smoking and drinking, and other behaviors: http://deanfoster.net/mortality/perl/CalcForm.html On the discussion board, discuss your life expectancy results. Were they surprising? Why or why now? Then, discuss your own aspirations for retirement. Consider the following questions: What do you most look forward to after retiring? At what age do you think you will retire? What are you currently doing to prepare for retirement? Should you be doing more? 3. Last, do some outside research into retirement planning. Give advice to people for how to best plan for and prepare for retirement, citing your sources appropriately. How should people plan? What are the considerations they should keep in mind? How much money does a person need to be able to retire comfortably? What kind of housing does a retired individual need? What are some other issues?

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I think the individual should retire when the person is mentally ready to call off a routine job, have social security, and eventually accept a more leisurely life. Retirement is a major transition of late adulthood. I think the ideal age of retirement should be 65+ because this is the age when most adults have built a nice financial reserve and young enough to have a job free-years. The majority of retirement planning used to be financial planning. The importance of psychological issues was secondary. Financial institutions offered several retirement seminars and conferences, which contributed to the emphasis on financial planning (Osborne 2012). Yes, I do believe that this varies by industry, gender, race, religion or other