Which of the following is one of the reasons why many middle-aged workers are delaying their retirement plans?
A)The increase of retirement age to 75 years
B)The increasing opportunity for middle-aged professionals
C)The increased productive health owing to medical advances
D)The decline in defined-benefit pensions

Question

Quizplus · Accepted Answer

The decline in defined-benefit pensions is one of the reasons why many middle-aged workers are delaying their retirement plans. With the decrease in defined-benefit pensions, workers are required to rely more on their own savings or investment plans to support them during retirement, which encourages them to work for longer periods of time.

Which of the Following Is One of the Reasons Why