Retirement: A Brief Histroy
from What's Up With Money?! Hosted by What's Up With Money?!
In this episode we go back in time and chart out the history of retirement. In order to understand retirement today, it's important to see the evolution of retirement, where it came from, how it developed, and where it's going. Retirement is a relatively new phenomenon. Farm gave way to factory. Factory gave way to corporations. This changed how people worked, earned, and had income for life. History of Retirement in 30 Year Chunks 1980: Pre-retirement era ends 1890 - 1920: Government supported forced retirement era abroad 1920 - 1950: Government supported retirement era in the U.S. 1950 - 1980: Optional retirement era 1980 - 2010: Expected/entitled retirement era 2010 - 2040: Death of retirement era What's Up With Money?! Book Club: Adrift by Scott Galloway
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