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Lesson 54 ---- RETIREMENT
Lesson54: RETIREMENT
 

As a society grows grayer, people are more interested in planning their retirement. Parents used to be supported by their children, but now few people think their second life (life after retirement) should be with their children. Many think financial independence is important for a cozy retirement. They are now asking for more jobs for the elderly, and some aggressive ones are demanding that the retirement age be lifted to 65 or 70. Do you think its better to prolong the retirement age even at the expense of reduced job opportunities for the young? How have you planned your retirement? With your children or without them? What are you going to do after
you retire? Do you think it's OK to retire early if you have made a lot of money?

1. What plans do you have for your retirement?

2. How are you preparing your retirement?

3. Do you think you would like to live in a retirement facility for a fee? Why or why not?

4. Do you want to live with your grown up children when you retire? Or do you
want to live with your spouse alone?

5. Will you ask your children to give you money every month when you retire?

6. What do you think about a law, which forces grown-ups to take care of
their parents?

7. What do you think about extending the retirement age 65 to 70?

8. What would you do if the fund went bust in the future?

9. Do you think your savings will guarantee your cozy retirement? Or are you afraid
your savings will be depleted by inflation or other political or economic fluctuations?

10. Do you believe the Social trust Fund will fulfill its promises, as the government
guarantees? Or do you think the fund go bust in one or two decades?

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