Retirement Age
By Lastbrother
@Lastbrother (171)
United States
6 responses
@akatsukipein (70)
• Philippines
27 Aug 12
for me, retirement is not based on the age but rather to the person capability to perform things. we have seniors who aged 60 to 80 years of age, but still strong as a bull compared to the younger one. we should evaluate the person in order to declared retired from his physical, mental, and emotional abilities. right?
@Lastbrother (171)
• United States
1 Sep 12
Yeah, I know. I agree that a worker should be based on their capability to work. However, it's hard for a senior to be as productive or as fast as a younger person. This is why we have retirement ages so the newer workers can come in and take over the jobs from the older generation.
@marguicha (223720)
• Chile
25 Oct 12
It depends on the kind of work: a senior professor at the university can be better than a young one. But a mblue collar worker needs a streght that is not as good when older.
@scheng1 (24649)
• Singapore
19 Aug 12
Hi Lastbrother, I hope the government can do away with retirement age.
Having a fix retirement age does not serve any meaning now.
In today context, young people can get heart attack, while old people who are in their 90s are still going strong.
i think government should let everyone decides when he wants to retire, or if he wants to switch from full time to part time or freelance job.
@Lastbrother (171)
• United States
1 Sep 12
Yeah but it's kind of hard to keep working at 90 years old. There is a limit to how long most people can keep working. I think its hard to endure it past 70. Plus, there's benefits you get from retiring later rather than early and a better nest egg.
@Asylum (47893)
• Manchester, England
18 Nov 12
I was fortunate enough to escape the age increase and will retire when I am 65 years old. I consider this to be more than old enough and really sympathise with those who will have to work until they are over 70 years old before they can qualify for a state pension.
It is an understandable and necessary measure due to the increasing life span and the number of people approaching retirement age, but that is little comfort to those who will have to work so long that they will be unable to enjoy retirement.
@marguicha (223720)
• Chile
25 Oct 12
I have always thought that retirement should depend not on age but on the capacity that a person has to go on doing a certain job and the wish to do it. In my country there is health insurance, both social (not so good) and private (better but expensive).
@ARIES1973 (11426)
• Legaspi, Philippines
19 Aug 12
Hi lastbrother! So far in our country, there is no news about it. We are still applying the 60 optional and 65 mandatory retirement age. We also have an early retirement package wherein an employee can retire for as long as he already reached the required years in service which is 20 for government employees.
@Sportseconomics (162)
• United States
19 Aug 12
It certainly has been going up lately. I think I understand the reasoning for it though. Basically, if there are advances in the medical field, retiring at a later age is still a the same "life stage" because you'll live longer.
At the same time, though, I do know that wages adjusted for inflation have gone down quite a bit in the last decade or so. This is cause for concern, along with social security inevitably dissolving before I come anywhere near retirement (all the costs and none of the benefits, argh). The results of all this are pretty grim.
