Tuesday, December 24, 2019

The Pros And Cons Of Early Retirement - 1326 Words

The Pros and Cons of Early Retirement kw: benefits of early retirement Meta: If you can get the money together fast enough, there are some benefits of early retirement. Find out the pros and cons of retiring early. While many Americans are still working to recover from the recession of 2007 to 2009, the economy has picked up in recent years. The dreams of retiring early are back. According to one survey, an estimated 37 percent of Americans expect to retire before the age of 65. There are some drawbacks and benefits of early retirement that people should expect. Obviously, the first problem is saving enough to support yourself for the rest of your life. Other than the money, there are other things that can disrupt your retirement†¦show more content†¦Plus, they were able to enjoy a higher pension. While studies like this one show that retiring early might not hurt your health, there are some studies that show that it could increase your risk of dying early. We will cover that risk and some of these studies in the next section. 3. You Can Start a New Career For decades, you have thought about writing the next great American novel. Now, you finally have time do that. A number of businesses are actually started by people who retire from their first jobs. Once you no longer need to work, you can pick any career or industry that you want. Unlike a 20-year-old adult, you have a wealth of experience on your resume. Plus, you are retiring early enough to still be appealing to a potential boss. The Cons of Retiring Early The benefits of early retirement are numerous, there are also some problems that you can expect along the way. These issues depend on what you do after retirement, how much you have to retire on and your current health problems. 1. Smaller Social Security Benefits Unfortunately, retiring early can mean that your Social Security benefits decrease. Let s assume that you were born in 1960 and started taking Social Security payments when you turn 62. These payments will now be 30 percent less than if you reach your full retirement age of 67. If you were to delay your benefits a until 68, you would have another 8 percent increase in your monthlyShow MoreRelatedRetirement Benefits For Small Businesses902 Words   |  4 PagesRetirement is a major life event. Many people are living in retirement well beyond 20 years. For this reason, planning for retirement is vital. Unfortunately few Americans are saving adequately for their retirement. Reports reveal that a startling 68% of working-aged people, age 25-64, do not participate in an employer-sponsored plan. One reason for this is because a large number of Americans work for small businesses that do not provide retirement benefits. Small businesses are not required toRead MoreShould The United States Raise The Age For Social Security1616 Words   |  7 Pagesthe future of the Social Security Program, and finally state the Pros and Cons to the proposed raising of the age requirement for minimum payout. A BRIEF HISTORY President Franklin D. Roosevelt created the countries first Social Security program in 1935 as a part of his New Deal Program. The United States was in the midst of the Great Depression and due to the stock market crash of 1929 and bank failures, many American’s retirement savings accounts were destroyed. As a result, the poverty ratesRead MorePrivatization, the Best Option for Social Security Reform Essay842 Words   |  4 Pagesskeptical about the future of Social Security and are worried they will not receive the full pay out of benefits in the future. In the following pages I will state the reasons why Social Security is in need of reform, describe privatization and the pros and cons, and why privatization is the best option for Social Security reform. Current problems with the Social Security fund exist, and are the reasons why Social Security is in the need of reform. According to Forbes Magazine, the fund is expected toRead MoreSun Hydraulics Essay1623 Words   |  7 Pagespresident and CEO of Sun Hydraulics Corporation, to address the employees and shareholders of his decision on how Sun plans to deal with labor and profits during these tough times. I recommend that Sun Hydraulics should proceed with layoffs and early retirement plans to effectively and immediately reduce labor costs during the present recession. This approach seen by some as a short-term solution, allows Sun to rid itself of low performers that the present corporate structure has failed to do. NotRead MoreThe Importance Of Succession Planning1520 Words   |  7 Pagesdefined as the method whereby skilled employees are trained to fit the future plans of an organization. In addition, succession management refers to a measure used by organization in developing and retaining their talent from start to the time of retirement (Belcourt et al., 2013, p. 200). Succession planning is important because, it helps an organization retain best hands and job fit for specific roles. According to peter Drucker, â€Å"the litmus test of a good management is succession management, ensuringRead MoreWorking Outside Of The Traditional Workplace1225 Words   |  5 Pagesmay pose a greater cost of maintenance and upkeep. If external vendors are brought into workplaces, this may pose a security threat to the company. Lastly, the fourth issue identified, the potential for older retirement ages, may mean that less workers have the opportunity to enjoy retirement and less time to enjoy their financial savings before they pass away. Evaluate Alternatives A major concern for entry-level workers across the nation is the lack of job security. Rapidly growingRead MoreEssay on The Pros and Cons of Gay Marriage1019 Words   |  5 PagesSome people approve of it, but also, some do not. Society also plays a big part in the gay marriage legalization process. Same-sex marriage is a major controversial issue in the United States; specific examples would be the views of Americans, pros and cons of same-sex marriage, and the reality of it in the United States. The views of Americans are extremely different from one another. The people of America have many different opinions about gay marriage. In 1996, 27 percent of United States citizensRead MoreRetirement Setbacks By Jane Bennett Clark1242 Words   |  5 PagesRetirement Setbacks Retirement is one phase of life that is of grieve concern for everyone. For some, it heralds a time to forget the hustle and bustle of a nine to five job commitment and to bask in the delight of the golden age. Unfortunately, the reality of living doesn t always agrees with the carefree intentions of joy and splendor. For many of us, there is a lot to consider when transitioning into retirement. This is where decisions become more calculated and is executed consciously inRead MoreCollege Athletes Should Be Paid1471 Words   |  6 Pagesthe people who do get paid. Why should they not be paid? There are many pros for why they should get paid, but there are also many cons on why they should not get paid. The athletes should get paid because of how hard they work in season and the off-season. Do not pay all of the athletes, but pay the ones who are at a D1 college. The athletes should get paid because they put in the same amount of time as the pros do, and the pros get paid. There are many good things that can come out of paying collegeRead MoreThe Economical Issues With Social Security1700 Words   |  7 Pagesbut as time past, there seems to be a great deal of economic issues relating to the program. Social Security was created to help benefit retired workers, spouse and children of deceased workers, as well as workers who have become disabled before retirement. This insurance program provides retirees with a steady income once they retire. President Roosevelt signed the program into law on August 14,1935 (â€Å"FDR signs†, 2009). Since then, Social Security has been beneficial for many workers and retirees

Monday, December 16, 2019

How Does John Steinbeck Create the Theme of Loliness in of Mice and Men Free Essays

The Theme of Loneliness in of Mice and Men Summary:    Loneliness plays an important role in John Steinbeck’s novel Of Mice and Men. As Steinbeck illustrates through Curley’s wife, Candy, and Crooks, companionship and a sense of belonging are vital to human happiness; all three characters face problems and negative feelings because of their loneliness and isolation. [pic] Loneliness is one of the primary themes in Of Mice and Men. We will write a custom essay sample on How Does John Steinbeck Create the Theme of Loliness in of Mice and Men or any similar topic only for you Order Now Throughout the novel, John Steinbeck shows the enormous effect that loneliness has on the characters. Steinbeck most clearly illustrates this theme through Crooks, Candy, and Curley’s wife. Ranch hands are ideal types of people to portray as being lonely, because their constant travel leaves them without someone to talk to or share things with. Steinbeck also shows how important it is for every human being to have a companion. Companionship is necessary in order for someone to live an enjoyable life. Although loneliness affects each one of the characters in Of Mice and Men differently, they all experience negative feelings from their lack of companionship. In Of Mice and Men, no other character outwardly conveys their loneliness more so than Curley’s wife. She†¦.. Curly’s wife is perhaps one of the most significant themes of loneliness in the novel. She flirts with all the guys on the farm and dresses and acts like a **** because her husband does not love her,leaves her alone all day and she’s lonely. Weirdly enough,I felt sorry for her because she is trapped feeling lonely in a loveless marriage,and besides no one on the ranch ever really gives her a chance to be change,they just take one look at her and say â€Å"She’s trouble†,or â€Å"I think Curly’s wife is a tart†. †¢Crooks is another great theme of lonliness in the novel too. Because Crooks is African-American during the Great Depression,he is left out of the crowd at the ranch,and spends his days all alone in the stable,thus he is called The Stable Buck How to cite How Does John Steinbeck Create the Theme of Loliness in of Mice and Men, Papers

Saturday, December 7, 2019

Global Production and Sourcing Rationalization †MyAssignmenthelp

Question: Discuss about the Global Production and Sourcing Rationalization. Answer: Introduction: Australia with a population of 24 Million is a big developing market for Amazons growth strategy, the company decided to foray into the Australian market in the year 2017 with a view to strengthen its global footprint. However, the performance in the Australian market has been lukewarm due to least number of sellers in the market management and more so because online retail is not as big a hit in Australia as in the US (Carson, 2017). Amazon has opened a vast new distribution warehouse just outside of Melbourne to serve the customers, who were initially paying huge shipping costs. The newly constructed warehouse now aides the buyers with the option of same day delivery. The strategy of Amazon in any of its global markets is the same Go global and think Local, which is also called as Glocal. It will really be immature to predict the rate of penetration of Amazon in the Australian market by the initial numbers, as a new market always takes time to stand on its feet. However, Amazon is extremely sure of its business model and marketing research that it will soon taste the fruits of success. In the earlier days, people had to pay huge sum of money towards the packaging and shipping costs to get the goods from Amazon, the company has successful eliminated this by opening up a huge warehouse centre. In the future lies, many more such warehouse, fulfilment centres and even joint collaboration with existing e-commerce pla yers to leverage the already acquired customers information (OConnor, 2017) Amazon Global Strategy UK was the first international market for Amazon way back in the year 1998, ever since the company has moved into more than 12 countries and improving the online shopping experience of the customers. Amazon used acquisition marketing strategy in the UK, Germany and France; the company acquired the largest online bookstores and eventually started selling other product and services in that market. Japan was a different market for Amazon, thus the company opened a fulfilment centre to cater the needs of the huge market (Lorenzo, 2017). In the emerging markets like India, the company used the similar model; it started selling its books and DVD through Junglee.com and later acquired it. Thus, it can be easily said that company uses its marketing expertise and research to enter into a foreign market; the strategies are a combination of Warehouses, fulfilment centres, acquisition and joint venture (Kotabe Murray, 2018). References Carson, G. (2017). Retail-Never forget the cycle.Equity,31(4), 10. Kotabe, M., Murray, J. Y. (2018). Global Sourcing Strategy management: An Evolution in Global Production and Sourcing Rationalization. InAdvances in Global Marketing(pp. 365-384). Springer, Cham. Lorenzo, L. (2017). Targeting International Customers in Japanese E-commerce: A Web Content Analysis of the Marketing Mix in Rakuten and Amazon. co. jp. O'Connor, T. (2017). Retail response.MHD Supply Chain Solutions,47(4), 38.