Which of the following is an example of work-related value?
a) Curran will receive a full pension if he stays with his company until age 66.
b) Stephanie has a large trust fund left to her from her grandfather, who founded her company.
Consider This: Economists and other social scientists argue that the decision to retire is based on value.
LO 7.5a: Discuss retirement in terms of reasons, timings and effects
7.5b: List reasons for retirement
c) Pascal finds he owes more on his company's property than what it is worth.
Consider This: Economists and other social scientists argue that the decision to retire is based on value.
LO 7.5a: Discuss retirement in terms of reasons, timings and effects
7.5b: List reasons for retirement
d) Darlene receives her Medicare eligibility letter from the government.
Consider This: Economists and other social scientists argue that the decision to retire is based on value.
LO 7.5a: Discuss retirement in terms of reasons, timings and effects
7.5b: List reasons for retirement
ANS: a
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