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Q: What are problems that make people retire and cause the elderly to live in poverty?
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Who said With great wealth comes great responsibility?

The answer is Bill Gates. He is going to retire from Microsoft and work only at the Bill and Melinda Gates Foundation. He is focusing on helping other people who are less fortunate than himself.


Why did Bill Gates retire?

The Stated reason is that "he wanted to spend more time on his foundation, he will still be on the Microsoft board as the chairman and will still hold the most shares in Microsoft." The real reason has to do with legal issues in the European Union in which Microsoft Software violated their policies. The other reasons are the numerous problems with their Vista software and other products which are not received well by the market.


Explain how the workplace issue of downsizing is related to the global economy?

As the baby-boom generation start to retire, there will be fewer experienced workers to work for the industries. This will then cause the industries to search for people with appropriate skills needed for the jobs. If the industries don't find the workers in time, there will be an effect on the business. This effect is, the people won't get what they need from the industry causing the industry to lose its business.


How is the workplace issue of downsizing is related to the global economy?

As the baby-boom generation start to retire, there will be fewer experienced workers to work for the industries. This will then cause the industries to search for people with appropriate skills needed for the jobs. If the industries don't find the workers in time, there will be an effect on the business. This effect is, the people won't get what they need from the industry causing the industry to lose its business.


What does a current contribution to Medicare in the form of employee Medicare taxes make free to eligible employees when they retire?

Part A of Medicare that is hospital insurance.

Related questions

Why do so many elderly people live in Llandudno?

In England and Wales it is fashionable to retire to the seaside.


Is Switzerland is a good place for elderly couple looking to retire?

I think switzerland is good place for elderly couple looking to retire.


Why did President Franklin D. Roosevelt establish Social Security?

Social Security was originally introduced as part of President Franklin Delano Roosevelt's New Deal pacakage of reforms, which were intended to remedy problems which had been caused by the Great Depression. Certain groups of people were particularly vulnerable to poverty, and one of these groups was (and remains) the elderly. Most people, if they live to a sufficiently advanced age, will eventually have to retire as a result of declining health. Yet, most people are never able to save up enough money to be able to support themselves in their retirement - particularly because they don't really know how many years that will be, anyway. The previous practice, prior to Social Security, was for the elderly to depend upon their children to support them, but that often didn't work very well, particularly during times of economic difficulty such as the Great Depression, when people had enough trouble taking care of themselves without having to also worry about their elderly parents. And of course, not everybody has children anyway. Some people have no children, some people outlive their children, and some people have children who are either not willing or not able to help their parents anyway. With social security, people might not have as much money as they used to have before retirement, but at least they would not be in a state of desperate poverty, having nothing.


Is retirement a pipedream for most people?

Retirement is something most people would like to do in life. Some people get to retire earlier than others.Most people would like to retire from there jobs. Some people get to retire earlier than others.


What mental health problems do people develop after being forced to retire?

I believe that you can become depressed if you have nothing meaningful to do with your time. I was forced to retire because of a disability and I missed work a great deal. Now I'm finding it meaningful to me to answer questions about mental health on the Internet.


Is there a relation between poverty and hiv aids?

There is not a very direct relation between poverty and HIV AIDS. If the relation does exist, its mostly in third-world countries. This is because traditional beliefs and poverty of the people in these countries induces them to go to illegal brothels, and shy away from the notion of protection. Other than this, people generally want to have more children so as to have more helping hands. This increases chances of AIDS and also, pushes the family deeper into the vicious circle of perpetual poverty. Hope that helped.


Did Brandon roy retire?

Yes at the end of 2011, due to ongoing knee problems.


Why do people retire early?

because they can


How do you use the word falter in a sentence?

The elderly plumber's memory began to falter and he had to retire. The army knew that they could not falter in their efforts to reach the enemy stronghold.


Why did William Shakespeare retire from theater?

We don't know. Some people have speculated that he had health problems. Possibly he had memory problems, which could seriously impair his ability to act, and also his writing. This might explain why so many of his later plays were collaborations.


What are facts about pro football players?

well almost 100% have back problems by the time they retire


When do singers retire?

Well i think that most people or singers will retire when they are older like 50's