retirement age

I believe the retirement age here in US is 65 and increasing to 67. My sister's mother in law is in her mid 80's and still works a full 40 hour work week. She says she wouldn't know what she would do all day if she didn't go to work. I think a person should work as long as they feel they can.

In Australia the retirement age has been 65 for men and 60 for women for as long as I can remember, except for military veterans who could retire at 60. A couple of years ago this was changed so that women now are not entitled to a pension until they are 65, although the increase in the retirement age was taken over a number of years. At the same time the government is encouraging people to continue working for as long as they like and now offer an incentive in the form of a cash payment for every year that the person works past 65 and does't claim the pension. There are many people here in Australia who will retire at 65, or even younger, and travel around our great country. They are commonly known as the "grey nomads" and although they are on limited incomes they still manage to get where they want to go. One potential problem with people not retiring till later is that they are taking jobs that could otherwise be given to the younger ones. What do these younger people do because for every person who doesn't retire that is another one who might not advance and the much younger ones starting out, might not get a job. I personally like the Australian model, where people can retire at 65 and get their pension if applicable or alternatively continue working for another 5 years with the appropriate incentive if they do so.

i am agree with snowflake!

People are being encouraged to work longer. In Britain the state pension age will be slowly increased to 70, from about 2035 onwards (the government will be legislating for this, during this parliament). And anti-discrimination laws were passed last year so that employers have to give old people a chance, instead of refusing to interview on grounds of age. Some old people like working.

well i dont feel so. medical science has improved but people who can afford latest methods to live longer are still less. secondly medical science improves your life but does not give you the strength of working like a 35year at the age of 60. hope this helps..