Retirement is a recent phenomenon.

Question

Quizplus · Accepted Answer

Retirement, as we know it today, where people in their mid-60s stop working and enjoy a life of leisure, is a relatively new concept. It emerged in the early 20th century and became more widespread in the mid-20th century due to social and economic factors such as the creation of Social Security and the expansion of pension plans. Before this, people often worked until they were physically unable to work or until they passed away.

Retirement Is a Recent Phenomenon