Retirement Is A Transitional Phase Associated With An...

Introduction Retirement is the ideal that everyone after a lengthy career can relax and collect the benefits that were guaranteed. This is the symbolic accomplishment of the American dream. In reality, retirement is a transitional phase associated with an aging population, along with unplanned changes such as disease, disability, and widowhood. Retirement is anticipated and planned for years in advance, however this does not happen as often anymore. Currently, in the United States, there is a portion of the elderly that is forced to work well past the age of retirement. In reality, most elderly cannot work, and those who can work, live in or near poverty. Such social issues can be attributed to the government. For example, the huge federal deficit which threatens the quality of life for retirees. The social security program which promises benefits for retirees, that is not affordable. Medical insurance program cuts that will impact healthcare for retirees. These are just some of the social issues of an aging population that everyone needs to be aware of because if nothing is done to address these problems, it only becomes a burden for following generations. Social security Social security is a term used to cover a huge portion of the social welfare system. It first became a general use in the United States in 1935, during the great depression. President Franklin D. 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