Change in Retirement since life expectancy increased Essay

Change in Retirement since life expectancy increase - Essay ExampleAmericans are living longer and therefore financial security becomes imperative. It is coming to a point where investment plans need to be communicate on the day when one gets the first job. Retirement planning is becoming a matter of significance as it is this saving that pr level offts an individual from facing financial hazard.People who have got been working all through their lives are aware and keep themselves fit and busy as long as they can even in the late seventies. On the other hand, some individuals face financial crisis and then in old age they look for some source of earning to occupy their needs for day-to-day activities as well as to meet their health expenses. Observation reveals that some of the retired individuals get only meager from their retirement savings and so they work more in old age to fulfill their necessities. In certain cases if individuals entered late in work force they may not have saved enough and therefore they have to work till the later age. Appropriate financial planning is therefore important to secure the