Question

Read these two scenarios. Scenario 1 It has been two years since Erik retired from his job. He is thoroughly enjoying retirement. After more than 20 years of education—from kindergarten through graduate school, which the government paid for—and 45 years of working, he is finally enjoying free time. He finally had his knee surgery, which the government paid for. However, he had to wait a few months for the doctor to be available. This surgery was important for him, because he is looking forward to skiing this winter. He hopes his pension check from the government will enable him to spend an entire week in the mountains. Scenario 2 Sylvia is looking forward to her retirement. When she was 16 years old, she started working part time to put herself through college and graduate school because her government grants covered only a small amount of her tuition. Her work ethic paid off. After working for a software company for 15 years, she started her own firm. Eventually, her idea took off and she earned a large sum of money. Last spring, she broke her leg while hiking. The next day, she had a surgery that enabled her to attend an important family gathering a few weeks later. Her large income allowed her to pay the hospital bill. Her pension check will be a nice, but not necessary, addition to her large savings. Which scenario sounds better to you? Justify your response.

Answer 1

sylvia's scenario sounds better only because everything's is certain and so far she definitely got the better end, but unfortunately for erik's scenarios it stated that he had to get everything slowly and gradually.

Answer 2

The second scenario sounds better. When Sylvia retires, she is ensured that she will not be entirely dependent on the government’s pension check because she was able to successfully start and run her own business.