Question
Please summarize these paragraph with simple way. What is an Early Retirement? There is no official measure of early retirement. However, when we talk about
Please summarize these paragraph with simple way.
What is an Early Retirement?
There is no official measure of early retirement. However, when we talk about an early retirement we generally mean that you have stopped working before the age of 65 and the image of carefree 55-year-olds on the golf course comes to mind.
Pre pandemic, the popularity of early retirement was waning. More people were continuing to work after 55, 65 and even 75.
The trend has reversed. As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement, according to a Pew Research Center analysis of the most recent official labor force data.
This is a modest, but notable increase in retirement.
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