Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Evaluating the Case of The Early Retirement - Coursework Example

Comments (1) Cite this document
The author of this paper seeks to delve deeper into the trend in the modern economy of high employee early retirement. This paper also explains why the majority of companies are offering early retirement options, but not for the well and benefit of their employees…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
Evaluating the Case of The Early Retirement
Read TextPreview

Extract of sample "Evaluating the Case of The Early Retirement"

Download file to see previous pages In the ever tolling rat race of the industrial world, with all the heavy and laborious challenges that man is faced just to earn a living, every man is looking forward to their retirement. Who would not want to just lay back, enjoy life, and do the things which were rendered impossible by the busy lives of working and toiling day after day for decades and decades? Sure, everyone wants the easy life, who doesn’t? After all, every man who has sweat blood and broke his back would ultimately need to reward himself and reap the benefits of his labor. Early retirement sounds so ideal, so surreal, and so gratifying. It means that you have achieved and managed to build your keep and have you living well-off for the rest of your life; the ultimate achievement for a good and fruitful career. But early retirement is not like how fairy tales go. It is not as simple as living happily ever after. Financial stability does not necessarily follow with early retirement. Sure, there will be that severance pay and/or whatever the companies will package and offer you as “gratitude” to your services to them, but once those are depleted comes the real problem. Pension is a viable option to compensate for the monthly salary which you will not be receiving anymore, but there are also other benefits that cannot be availed for early retirees. In this paper, not only will the advantages and the good life of early retirement will be tackled but also this paper will seek to delve into the cons and the disadvantages when retiring early. Yes, even when retiring one needs to be practical and decisive. It is the final step of the career, and thus it should not be taken ever so lightly.
It had been observed that many workers have been retiring earlier well before they reach the formal age of retirement, which is 65 (Ahituv & Zeira, 2001). It is well noted that in 1996 the average labor force participation rate in OECD countries was 63.6 percent for men between the ages of 55 to 64, as compared to 93.1 percent for the ages of 25 to 54. It is a known fact that labor participation rates have drastically declined over the previous decades. Appendix A will showcase the trend in the 90s in terms of the labor force in terms of year and age. Others will argue that this is large because of the technical progress experienced by the modern economy (Ahituv & Zeira), while others may say it is because of the generous retirement plans which prompted the workforce to avail of early retirement.
Because of the technological advancements, older employees are then becoming more and more obsolete in the cogwheels of the whole company. It creates and paves the way to new professions but then it also destroys the foundations of the older models of working dynamics. Thus this also resulted in the trend of early retirement in the decades which followed the technological boom. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Evaluating the Case of The Early Retirement Coursework, n.d.)
Evaluating the Case of The Early Retirement Coursework. Retrieved from
(Evaluating the Case of The Early Retirement Coursework)
Evaluating the Case of The Early Retirement Coursework.
“Evaluating the Case of The Early Retirement Coursework”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
mcglynndameon added comment 1 year ago
Student rated this paper as
At first, I thought 9 of pages is too much for such a question. But now I see it could not be done smarter. As the author starts you see the complexity of the issue. I’ve read all at once. Terrific document

CHECK THESE SAMPLES OF Evaluating the Case of The Early Retirement

Employment Law: Simpson v AFS and Tom Barnes Case

What is usually required is that the person vicariously liable has in some manner conceivably authorized the conduct giving rise to the tort. There are three circumstances in which one person may be held vicariously liable for the misconduct of another.1 They are:

1. A master/servant relationship such as an employer/employee. In these types of relationships, the master is liable for the misconduct of an employee provided the latter is acting in the course of his or her employment.

On the facts of the case for discussion, the vicarious liability involved turns on the master/servant or employer/employee relationship. The general rule is that it is the nature and circumstances of the actual employment that justi...
13 Pages(3250 words)Case Study

Analysis of Lemuel Shaw 1830 Roberts v. The City of Boston Case

In 1801, Lemuel Shaw started studying law and was admitted to the bar in September 1804; after which he started practicing in Boston. Slowly his practice became large, however, he also served as the adviser of several commercial enterprises. Not only that, he held many public positions, from 1811 – 1814, as well as in 1820 and 1829, he was a member of the Massachusetts House of Representatives, during 1820 he also was a member of the constitutional convention, while in 1821 –1822, he served as a state senator. He was offered the position of Chief Justice of the Massachusetts Supreme Court; after being so appointed in 1830, he served there for 30 years, till August 21, 1860, when he resigned. He had four children from t...
7 Pages(1750 words)Case Study

Analysis of Trust Law Case

Once the court is satisfied that the “declarant had the requisite intention it will strive to validate it.”3 Certainty of intention will therefore be the most important element for determining whether or not the letter constitutes an enforcable trust.

Assuming that the trust held by the trustees under the father’s will trust in favor of Sally and the trust agreement in respect of the horse are valid trusts the question of cetainties are not valid except to the extent that a new trust is created in favor of Sally’s children and thereby extinguishing the previous trusts. This is particularly so with respect to the will trust. The trust agreement over the horse only involves the disposition of a ben...
7 Pages(1750 words)Coursework

The Early Years Curriculum: A Comparative View

It is designed to meet the diverse needs of all the children so that most would achieve the desired goals or exceed them. This has also been promulgated as law, since March 2002 and it has been declared that the above mentioned early levels goals and objectives could be achieved for each area.A National Consensus on the course contents of the early learning goals were set out in the Curriculum Guidance for the foundation stage. The Foundation stage has been started in the schools during 2002-03.This foundation course has 12 summary scales which have to be completed by the child who is being granted Government funds for study education by the end of his/her term, at this Foundation Stage. The legal aspects governing this Foundation...
6 Pages(1500 words)Term Paper

Analysis of the Case of Hickman v Kent or Romney Marsh Sheepbreeders Association Ltd

There were several basic legal provisions that gave direction to the formation of a company in the United Kingdom. It has its original foundation in 1844 when the Joint Stock Companies Act1 1844 was formulated. It has given regulations for facilitating the formation of companies by "deed of settlement". Gradually, the shareholder concept was initiated in 1855 by the general incorporation procedure in the name of Limited Liability Act2 1855. This has offered limited liability to shareholders and provided identification to the company as a separate legal persona. The doctrine of limited liability postulates that a company shall be liable for the debts that it incurs, and even if it undergoes closure for any grounds, creditors cannot...
6 Pages(1500 words)Case Study

Operating in India: The Case of Exceed Corporation

On the other hand, it would be required that the firms interested to operate globally can meet the demands of the market in which they plan to enter.

In the case of India, the operation of foreign firms across the country is related to a series of problems. More specifically, private – driven commercial activities cannot be expanded further from a pre-defined framework: there are commercial activities in the country that belong to the exclusive administration of the government and they are conducted by state-owned enterprises. India is a country of low income (referring to the income of the vast majority of its population which is estimated to be approximately 1,165,577,000 in accordance with a recent report publishe...
18 Pages(4500 words)Case Study

The Case of R v Turnbull

The defendants planned to rob a bank’s customer deposits in the bank’s safe by posting a notice diverting the dropbox to another location, which they planned to burgle. Several customers did, in fact, drop their wallets loaded with money into the dropbox, however, one customer was suspicious and alerted the police. The strength of the prosecution’s case rested on the visual recognition provided by a police constable who clearly saw one of the defendants removing a sign from the bank premises and recognized him. On this basis, the court of appeal concluded that the appeal of the defendants could not stand. It was held that if visual identification had been the only evidence, the outcome would not have been definit...
10 Pages(2500 words)Case Study

Analysis of OReilly v Mackman Case

Judicial review is a concept which is constitutionally undecided as it on one side, it shores up the rule of law, democracy, and pre-eminence of parliament by facilitating the courts to check the boundaries of government authority and on another side, the courts are open to the decision on the plants based on the fact of separation of authorities that are intimating with the verdicts of democratically elected institutions. Judicial review is not apprehended with the virtues of government assessment but deals with whether the deciding authority has remained within the legal boundaries and whether broad principles of rationality and fairness adhere. The constitutional basis of judicial review is debated as one view holds that it is...
8 Pages(2000 words)Case Study

Analysis of Tourism and Hospitality Law Case

 The main issue that needs to be tackled first is whether there is a valid contract between Richard Brat, carrying on trade as Brighton Greens, (buyer) and Molly and Kelly trading in First Grade Granny Smith apples as Holy Farm.

Apparently, there was, when considering their verbal and written mail sent by Richard to Holy Farm on August 1 reading as follows –“Please deliver 20 boxes –Granny Smith ‘Brighton Greens’. Cheque mailed.“

It may be seen that the mail order does not specify the category or grade of apples to be supplied, but one of the implied conditions of sale could be that the goods ordered need to correspond with the goods inspected and tested.

In th...
8 Pages(2000 words)Case Study

Case of Dementia Patient

This standard requires everyone to take care and control of any activity that is ought to happen or be done by dementia patients as their personal responsibility. The client being Mr Paul is likely to suffer a high head concussion or even a sudden death. Dementia patients don’t have control or clear conscience on the act they do when they feel frustrated, the organization where he was as likely to suffer from poor operation and an eventual closure due to poor treatment of clients.
Quality standards cover the care and support to people living with dementia. The standard applies to all social care settings and services working with caring for people with dementia. The standards also extend to cover care provided by health...
9 Pages(2250 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Evaluating the Case of The Early Retirement for FREE!

Contact Us