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A recent global survey of 2,000 high-net-worth individuals found that 60% we
A recent global survey of 2,000 high-net-worth individuals found that 60% we
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2024-02-01
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A recent global survey of 2,000 high-net-worth individuals found that 60% were not planning on a traditional retirement. Among US participants. 75% expected to continue working in some capacity even after stepping away from full time jobs. "Many of these people made their wealth by doing something they’re passionate( 有激情的)about," says Daniel Egan, head of behavioral finance for Barclays Wealth Americas. "Given the choice, they prefer to continue working. "Barclays calls these people "nevertirees".
Unlike many Americans compelled into early retirement by company restrictions, the average nevertiree often has no one forcing his hand. If 106-year-old investor Irving Kahn, head of his own family firm, wants to keep coming to work every day, who’s going to stop him? Seventy-eight-year-old Supreme Court Justice Ruth Bader Cinsburg’s job security is guaranteed in the Constitution.
It may seem that these elderly people are trying to cheat death. In fact, they are. And it’s working. Howard Friedman, a professor at UC Riverside, found in his research that those who work hardest and are successful in their careers often live the longest lives. " People are generally being given bad advice to slow down, take it easy, stop worrying, and retire to Florida," he says. He described one study participant, still working at the age of 100, who was recently disappointed to see his son retire.
"We’re beginning to see a change in how people view retirement," says George Leeson, co-director of the Institute of Population Ageing at Oxford. Where once retirement was seen as a brief reward after a long struggle through some miserable job, it is now akin(近似) to being cast aside. What Leeson terms "the Warren Buffett effect" is becoming more broadly appealing as individuals come to "view retirement as not simply being linked to economic productivity but also about contribution."
Observers are split on whether this is a wholly good thing. On the one hand, companies and financial firms can benefit from the wisdom of a resilient (坚韧的) chief. On the other, the new generation can find it more difficult to advance—an argument that typically holds little sway to a nevertiree. [br] What is the finding of Howard Friedman’s research?
选项
A、The harder you work, the bigger your fortune will be.
B、The earlier you retire, the healthier you will be.
C、Elderly people have to slow down to live longer.
D、Working at an advanced age lengthens people’s life.
答案
D
解析
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