Retirement
in sentence
671 examples of Retirement in a sentence
Japan, for example, is starting to experience a huge
retirement
bulge, implying a sharp reduction in savings as the elderly start to draw down lifetime reserves.
In Europe, structural reforms focus on higher
retirement
ages and labor-market flexibility.
In Europe, meanwhile, many of our problems are exemplified by what is happening in France, where President Nicolas Sarkozy’s attempt to recognize demographic and fiscal reality by raising the
retirement
age from 60 to 62 provoked a wave of strikes and stormy protests from workers and students.
Is there not something deeply depressing about 18-year-olds demonstrating about the
retirement
age?
Mario Draghi has been the president of the European Central Bank for barely a year, and the governor of the People’s Bank of China, Zhou Xiaochuan, was almost replaced when he reached
retirement
age in February.
Against this background, the only way to sustain the labor supply – aside from immigration – is to keep people in employment beyond the traditional
retirement
age.
Whereas the public-sector deficit was 3% of GDP in the early 2000s, Germany runs a small surplus today, which is a perfectly reasonable reaction, as is the increase in private
retirement
savings.
It contains elements of both US social security and individual
retirement
accounts, while reflecting a commitment to training and reskilling.
Such a program could be combined with a more flexible
retirement
system, and thus developed into a modern and comprehensive social-solidarity system.
All five of the new members of the Politburo Standing Committee, the CPC’s top decision-making body, are in their 60s – too old to be groomed to take over for Xi in five years, given the party’s unofficial
retirement
age of 68.
Its sensible people are sensibly saving for
retirement.
Saving may also take the form of individual contributions to
retirement
accounts or employer contributions to corporate saving plans.
One reason was that rising stock markets and higher house prices made individuals wealthier, reducing their need to save for
retirement
and allowing retirees to dissave more.
That fall in wealth means that households must save more to prepare for retirement, and that retirees are not able to dissave as much as they did before.
When individuals cannot find decent yields, they may actually increase their savings to achieve their
retirement
goals.
The EU’s next five decades, on the other hand, will see the baby boomers moving into retirement, leaving a shrunken labor force with the heavy burden of supporting their elders’ health care and pension needs.
However, the effects of such measures are unlikely to be felt soon, so policies will also need to be directed at those already in the labor force, to encourage them to save more for retirement, and at those on the point of leaving it.
Existing pension systems often penalize people who wish to work beyond the official
retirement
age, and age discrimination impedes many who are capable of working into their sixties and seventies.
And with higher life expectancy, raising the
retirement
age is a further sensible way to address the negative effects of an aging population.
Moreover, immigration is more necessary than ever, because population aging and lower birthrates across advanced economies are producing a
retirement
boom without a commensurate cohort of native prime-age workers to support it.
Delhi's barely breathable air has become tolerable, following a big move to compressed natural gas in public transport,
retirement
of old vehicles, and higher emissions standards in new ones.
Although some eccentrics favor a return to gold as the monetary anchor, most would prefer to leave this relic of another age to its peaceful
retirement.
If aging societies in the West and elsewhere (like Japan) fail to get immigration right, they will be woefully unprepared when they confront the real tidal wave: the
retirement
of baby boomers in the coming two decades.
The European Union’s labor force will decline by almost 70 million workers in the next 40 years; in the absence of significant net immigration (combined with a much higher
retirement
age), European economies and social safety nets will shrivel.
That means that many of the elderly and those approaching
retirement
worry about their standards of living.
The burden of repaying the debt will fall on a smaller labor force – even more so if the
retirement
age is lowered.
The reforms should also introduce much greater individual choice, permitting solutions to retirement, education, health, and lifestyle issues that can be more easily tailored to citizens’ specific circumstances and needs.
China’s
retirement
system has only about $430 billion of assets under management (national and local government social security and private-sector pensions).
Advanced democracies have built – and retain (despite recent setbacks) – extensive social safety nets in the form of unemployment insurance,
retirement
pensions, and family benefits.
Other spending is split between the annually appropriated amounts (known as non-defense discretionary spending) and the programs in which spending follows from established rules that are not subject to annual review (known as the “mandatory” spending programs, primarily Social Security
retirement
benefits and health-care spending).
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