According to a Survey Cited in Your Text, the Intentions

question 33

True/False

According to a survey cited in your text, the intentions of baby boomers approaching retirement is to travel, spend their retirement savings on home renovations, upgrade possessions and do more eating out.

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Definitions:

Long-Term Unemployment

The condition of being without a job for an extended period of time, typically categorized by economists as 27 weeks or longer.

Openness To Experience

A personality trait that features characteristics such as imagination, curiosity, and a broad range of interests.

Neuroticism

Characteristics of a personality that include being prone to anxiety, fear, fluctuating moods, fretfulness, feelings of envy, aggravation, jealousy, and feeling alone.

Erik Erikson

A developmental psychologist and psychoanalyst famous for formulating the theory of psychosocial development, which outlines eight stages of psychological development from infancy to adulthood.