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Author Topic: Retirement Age for Workers - Does this Make Sense?  (Read 1561 times)
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December 31, 2023, 11:44:44 PM
 #221

Quote
France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/


This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.

Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.

What sense does this make? Would you agree or disagree?


Old people will not be able to compete with young people who are still fresh and have good enthusiasm and stamina, so it is only natural that old person who have entered retirement age will eventually be eliminated by competition in the world of work. btw, it's really sad to see old people over the age of 60+ who are retirees and are no longer able to earn money for their families, but that's a reality that can't be changed, and usually, old people who suffer in their old age are people who don't make the most of their time and money to invest in good things. I am now almost 40 years old, I have been thinking about investing since now and also working on things that will give me certainty for my old age, and my investment choice is cryptocurrency.



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January 01, 2024, 10:59:37 AM
 #222

Quote
France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/

This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.

Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.

What sense does this make? Would you agree or disagree?


You seem to think that this is an enforced retirement age? It is not. It's an age that people reach and can choose to leave the business, at which point they will be eligible for state benefits which they've probably been paying towards their whole life. In most cases it is optional and very attractive for people to leave at that point, as they essentially have an income that they don't have to work for anymore and it is supported by any private pension plan that they may have also built up over time. Businesses may be happy to keep workers on after this age, especially if they are fully competent, because of the skills that you mentioned and they don't force people out after this age in most civilized countries.

R


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January 02, 2024, 02:20:09 PM
 #223

~
In my opinion, the contents of the head are the same, namely the brain, the difference is the way of thinking haha, don't be too serious, friend. Grin
with different thoughts this is clear,  and I think everyone wants a successful future, if perhaps there are people who don't want a successful future maybe they have their own reasons. what is clearly true as what you said is don't be easily influenced by other people, and with us having thoughts of course we can determine which things are good for us and which things are bad for us, so if we are influenced by things that trigger goodness or profit That's good, but if you're influenced by something bad or detrimental,  it's best not to and don't be careless if you don't want to have problems in life.

Yes, you are right, relationships are also a factor that must be paid attention to, because if we make the wrong connections, of course we will be carried away by bad currents too. and in my opinion,  don't hesitate to do something good or something good, because it's for ourselves,  unless the person really wants to always get into trouble, maybe they will do something bad that could harm them, but if there is someone like this, I think he stupid.

Not really bro, there are some whose brains are empty and there are also some whose brains are in their knees. and there are also brains, shrimp brains... hihihihi

Everyone wants to be successful, but not everyone is able to achieve success... either because their efforts are not optimal, or they don't try at all to make it happen... because if you only plan, everyone is capable of making a plan, but not everyone people are able to realize what they plan. I don't know, maybe it's because of a sense of laziness that can no longer be helped or because they don't really care enough about their future... and in the end they only rely on inheritance from their parents, but it's still better if their parents are rich, if their parents are poor... well, what do you want? inherited.

Apart from that we also have to be smart and wise in matters of friendship... however, we also have to be wiser in choosing a life partner... choose a partner who can really keep you enthusiastic, both in pursuing a career and in the business world... because quite a few people... a person who before marriage, he had a good career.. however, after marriage he became a lazy person.. because he was influenced by his partner

hahaha that's funny mate Grin.
that's true, in my opinion there are also young people who want to be successful but they don't do something called change, I mean they don't have any movement to achieve that success, and I have a friend like this, where he always says he wants to open a business or business because he doesn't want to be a burden on his parents forever,  but he doesn't take action that leads to the things he wants he just does the same thing where he is always lazy, and he says this so often, that I once shouted at him because I was alone. I'm fed up with the advice I give but he doesn't make any movement at all, which clearly makes me annoyed. Is it normal for me to yell at my friend like this?

In my opinion, even though they have rich parents, they shouldn't hope for or only rely on their parents' wealth, because I think there will definitely be negative talk from other people about someone who only relies on their parents' wealth. parents, unless they have no shame, maybe they will still rely on their parents' wealth even though they are married. That's right, when it comes to partners, of course we have to choose the best,  don't make the wrong choice which will lead us to bad things.

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January 02, 2024, 05:21:55 PM
 #224

The normal retirement age is between 65 or 66 for most people.This age range for me seems to be too old  for someone to retire.Maybe the retirement should fall a few years earlier.

Retirement age for workers;for me,the important thing is,to retire,you need income coming in every month that equals or exceeds your living expenses forever.
  However,your desired lifestyle after retirement or in retirement should be considered greatly.So that you can enjoy your retirement life comfortably without stress.Depending on your financial status,feel free to retire at any age....
  What matters most is that you are financially prepared to answer to unforseen circumstances,emergencies and life's uncertainties.You need not to worry about the retirement age,the fact that you are financially guided will increase of security and your peace of mind.

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Mahanton
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January 02, 2024, 09:21:03 PM
 #225

The normal retirement age is between 65 or 66 for most people.This age range for me seems to be too old  for someone to retire.Maybe the retirement should fall a few years earlier.

Retirement age for workers;for me,the important thing is,to retire,you need income coming in every month that equals or exceeds your living expenses forever.
  However,your desired lifestyle after retirement or in retirement should be considered greatly.So that you can enjoy your retirement life comfortably without stress.Depending on your financial status,feel free to retire at any age....
  What matters most is that you are financially prepared to answer to unforseen circumstances,emergencies and life's uncertainties.You need not to worry about the retirement age,the fact that you are financially guided will increase of security and your peace of mind.
If you are really that working on government then these ages would really be that totally be the right age for you to retire on which it is true that for me its already just that too old for you to have that kind of
limit but since we dont have no choice since we arent really that someone who do possess tons of investment on which could provide out that passive income then we dont really have no choice but to work
hard and even if we do reach up with old age. For those who do able to find out some ways for them to make themselves better in terms of finances then they are the ones who would really be able to retire from their
work on early or still young on which they could really be able to cherish out those remaining years and do spend up their time with their loved ones.

We do know that not all would really be able to succeed out into this venture but its always that wise that you should really be coming up for the better and if you do have plans
on having that progress and trying out to achieve such state then it would be wise that you should work hard for it.

R


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January 03, 2024, 04:07:07 PM
 #226

The normal retirement age is between 65 or 66 for most people.This age range for me seems to be too old  for someone to retire.Maybe the retirement should fall a few years earlier.

Retirement age for workers;for me,the important thing is,to retire,you need income coming in every month that equals or exceeds your living expenses forever.
  However,your desired lifestyle after retirement or in retirement should be considered greatly.So that you can enjoy your retirement life comfortably without stress.Depending on your financial status,feel free to retire at any age....
  What matters most is that you are financially prepared to answer to unforseen circumstances,emergencies and life's uncertainties.You need not to worry about the retirement age,the fact that you are financially guided will increase of security and your peace of mind.
If you are really that working on government then these ages would really be that totally be the right age for you to retire on which it is true that for me its already just that too old for you to have that kind of
limit but since we dont have no choice since we arent really that someone who do possess tons of investment on which could provide out that passive income then we dont really have no choice but to work
hard and even if we do reach up with old age. For those who do able to find out some ways for them to make themselves better in terms of finances then they are the ones who would really be able to retire from their
work on early or still young on which they could really be able to cherish out those remaining years and do spend up their time with their loved ones.

We do know that not all would really be able to succeed out into this venture but its always that wise that you should really be coming up for the better and if you do have plans
on having that progress and trying out to achieve such state then it would be wise that you should work hard for it.
Retirement age can be restricted, especially if personal investments can't provide early retirement. Fixed retirement ages are common in governments globally to guarantee a smooth succession of roles. Here, personal finance knowledge is important. You must work smart, not just hard. Personal finance expertise, passive income opportunities, and compound interest can shift the game. It's about constructing a retirement safety net, not just building riches

It's never too late to start retirement, for someone like you. Small, persistent investments can build over time. Not just retire early, but retire comfortably. You can retire on your terms by diversifying your income through investments, side jobs, or ongoing education. It's about giving yourself options and ensuring you can spend your latter years with loved ones without financial worries

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January 04, 2024, 09:24:19 AM
 #227

The normal retirement age is between 65 or 66 for most people.This age range for me seems to be too old  for someone to retire.Maybe the retirement should fall a few years earlier.

Retirement age for workers;for me,the important thing is,to retire,you need income coming in every month that equals or exceeds your living expenses forever.
  However,your desired lifestyle after retirement or in retirement should be considered greatly.So that you can enjoy your retirement life comfortably without stress.Depending on your financial status,feel free to retire at any age....
  What matters most is that you are financially prepared to answer to unforseen circumstances,emergencies and life's uncertainties.You need not to worry about the retirement age,the fact that you are financially guided will increase of security and your peace of mind.
If you are really that working on government then these ages would really be that totally be the right age for you to retire on which it is true that for me its already just that too old for you to have that kind of
limit but since we dont have no choice since we arent really that someone who do possess tons of investment on which could provide out that passive income then we dont really have no choice but to work
hard and even if we do reach up with old age. For those who do able to find out some ways for them to make themselves better in terms of finances then they are the ones who would really be able to retire from their
work on early or still young on which they could really be able to cherish out those remaining years and do spend up their time with their loved ones.

We do know that not all would really be able to succeed out into this venture but its always that wise that you should really be coming up for the better and if you do have plans
on having that progress and trying out to achieve such state then it would be wise that you should work hard for it.
Retirement age can be restricted, especially if personal investments can't provide early retirement. Fixed retirement ages are common in governments globally to guarantee a smooth succession of roles. Here, personal finance knowledge is important. You must work smart, not just hard. Personal finance expertise, passive income opportunities, and compound interest can shift the game. It's about constructing a retirement safety net, not just building riches

It's never too late to start retirement, for someone like you. Small, persistent investments can build over time. Not just retire early, but retire comfortably. You can retire on your terms by diversifying your income through investments, side jobs, or ongoing education. It's about giving yourself options and ensuring you can spend your latter years with loved ones without financial worries
Cant provide early retirement? Investments could give out that kind of opportunity but of course it would really be that depending if that investment of yours is really that something profitable on which it could really be able to sustain the things on what you are dealing with on which it is really just that your own common sense on retiring early whether you would be able to support yourself or not. Its impossible that you wont really be able to see on to that condition. We do know that there's no other way on retiring early but only on having those passive income or having those multiple businesses. The main thing on why we do stick into a 8-5 job is that we do need money for us to survive.Its impossible that once in a moment that you wont really be thinking up these things on which you would really be liking a life to have a passive income.

So it would really be just that depending on you on what are the plans that you had set into your life whether you would really be planning to be a worker for the rest of your life or you would really be
working for something that would freed you on that working life cycle. It does vary on a certain individual because there are people who do really love and getting contented on what they do have
but there are ones who arent really that making those things to let it happen for life.

R


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