Lebanese International University Retirement Years Discussion

I’m working on a psychology writing question and need an explanation and answer to help me learn.

1. Ask your parents, grandparents, etc. about their plans for income security in their retirement years. Clearly describe this plan.
2. So far, have their plans worked out? If the plans have been successful, what factors do you think have influenced income security? If the plans have not been successful, could better planning alone have addressed obstacles or shortfalls? Make sure to back up your assessment with the textbook.
3. What age do you plan on retiring? What will you do when you retire and what will your source(s) of income be during retirement?
4. Do you plan on using a similar or different approach to retirement security as the individual you interviewed? Explain.