Discuss the Factors That Affect the Timing of Retirement

question 14

Essay

Discuss the factors that affect the timing of retirement.

---

Definitions:

Act of Omission

A failure to take action when there is a duty to act, which may result in liability.

Crime

A wrong against society proclaimed in a statute and punishable by society through fines and/or imprisonment—or, in some cases, death.

White-Collar Crime

Nonviolent crime committed by individuals or corporations to obtain a personal or business advantage.

Illegal Act

An action that is forbidden by law, regulation, or statute, leading to legal penalties if committed.