Retirement: Definition, Influencing Factors, Preparation & Adjustment


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question 1 of 3

Why is retirement sometimes difficult?

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1. Retirement entails:

2. Which of the following statements about gradual retirement is FALSE?

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About This Quiz & Worksheet

This quiz/worksheet combo will gauge your knowledge about how people retire. Some topics you will need to know in order to pass the quiz include the meaning of retirement, characteristics of gradual retirement, and the ease or difficulty of retirement.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review:

  • Groups of people most likely to have a difficult time retiring
  • The definition of retirement
  • Types of retirement
  • Gradual retirement characteristics
  • The process of reviewing 401(k)s and investment firms

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Information recall - access the knowledge you've gained regarding retirement to answer questions about the possibility for retirement based on race and gender
  • Critical thinking - apply relevant concepts of retirement preparation to examine information about 401(k) research in a different light
  • Knowledge application - use your knowledge of how people retire to analyze retirement in a hypothetical example

Additional Learning

To learn more about retirement, check out the corresponding lesson titled Retirement: Definition, Influencing Factors, Preparation & Adjustment. This lesson will help you:

  • Define retirement
  • Differentiate between types of retirement, like gradual and abrupt
  • Recognize strategies for battling depression caused by abrupt retirement
  • Identify ways to prepare for retirement
  • Understand comparative differences in retirement options for minorities and females