After the Recession in 2008 Many People in Their 50s

question 22

True/False

After the recession in 2008 many people in their 50s and 60s began wondering if they would be able to afford to retire.

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Definitions:

Overconsumption

The excessive use of goods and services, surpassing what is necessary or sustainable, which can lead to environmental degradation and resource depletion.

Health Care

Services provided to individuals or communities to promote, maintain, or restore health.

Out-Of-Pocket Costs

Direct payments made by consumers for goods, services, or healthcare that are not reimbursed by insurance or other means.

Funding

The act of providing financial resources for a project, business, or any initiative requiring money.