Retirement Age for Workers - Does this Make Sense?

[axxo]

Setting a retirement age for workers can make sense in some ways. It helps to ensure that there are opportunities for younger workers to enter the workforce and advance in their careers. Additionally it can help ensure that the older workers are not forced to work beyond their physical and mental capabilities. There are arguments that retirement age should be more flexible, based on individual circumstances such as health, financial status, and personal preference. Indeed whether or not a retirement age makes sense for every individual. None of us wants to force ourselves to work even we reach the old age.

[Despairo]

Setting a retirement age for workers can make sense in some ways. It helps to ensure that there are opportunities for younger workers to enter the workforce and advance in their careers. Additionally it can help ensure that the older workers are not forced to work beyond their physical and mental capabilities. There are arguments that retirement age should be more flexible, based on individual circumstances such as health, financial status, and personal preference. Indeed whether or not a retirement age makes sense for every individual. None of us wants to force ourselves to work even we reach the old age.

You need to understand if not everyone in this world are get paid with minimum salary where they work and many people still get paid half of the country's minimum salary. How you can expect those people who are get paid half can save for their future life when it's only enough for their foods and bills? everyone would be happy if they have a lot money, so they can retire earlier, but the reality isn't and they're forced to work until they die.

[Alpha Marine]

If you need the government retirement plan in your late age you are fucked anyway. Retiring at 62-64? No fucking way. How about making investments while you were young and getting retired at 50? 40? or even 35? Now that sounds cool. The government can take that retirement plan and stick it to the place where the sun don't shine. Unfortunately for the most people, they need that shit to survive and that's a terrible thing. Now they need to work 2 more years just to what? get retired on a shitty gov plan. You only live once, plan accordingly.

Not everyone thinks this way and that's alright. Not everybody is going to have an early retirement. I have never looked at the statistics but I believe the percentage of people that retire early due to proper planning and investment are very few. There are countries where the government retirement plan works well and I don't see anything wrong with relying on it in that kind of system.
Why would I want to retire at 35 when I can still work? I mean, if I have proper planning and investment, that doesn't stop me from working, does it? For someone like me, that's an entrepreneur, and would most likely be an entrepreneur for the rest of my life, I don't think I'd have an early retirement. 

[mindrust]

If you need the government retirement plan in your late age you are fucked anyway. Retiring at 62-64? No fucking way. How about making investments while you were young and getting retired at 50? 40? or even 35? Now that sounds cool. The government can take that retirement plan and stick it to the place where the sun don't shine. Unfortunately for the most people, they need that shit to survive and that's a terrible thing. Now they need to work 2 more years just to what? get retired on a shitty gov plan. You only live once, plan accordingly.

Not everyone thinks this way and that's alright. Not everybody is going to have an early retirement. I have never looked at the statistics but I believe the percentage of people that retire early due to proper planning and investment are very few. There are countries where the government retirement plan works well and I don't see anything wrong with relying on it in that kind of system.
Why would I want to retire at 35 when I can still work? I mean, if I have proper planning and investment, that doesn't stop me from working, does it? For someone like me, that's an entrepreneur, and would most likely be an entrepreneur for the rest of my life, I don't think I'd have an early retirement. 

Depends on the job you are talking about. Many people don't really like their jobs, they don't do enough vacations, get underpaid, work for long hours... These people can't work till their 60's. It is too damn stressful. I am talking about those people. People that need to work to survive this world.

If you are one of those trust fund babies then sure, you can work till your 80's.  It won't make a difference to you.

[KiaKia]

It depends, some people get retired because they have been in service for way too long and some are retired because they are old, I understand that some older people are still able to work, but retirement comes with pension money right? Although some government in some countries don't fulfill their promises to retired government workers, in my country many retired government workers are abandoned by the government, left to survive on their own and some.of these old men and women have no relatives that can take care of them, only this that have children that are successful and rich are in good care.

If I have to advise anyone who is older and also a government worker, I will tell them not to rely on the government work, when they are getting closer to their retirement, they should be able to find something else to do with the money they made from the government's job, they should be able to deposit money into another new business that will help them as they get more older.

[AicecreaME]

Retirement age doesn't really matter in my opinion since we all have choices on what age we should retire. Senior employees contributed a lot in any companies, they are the best teachers to train new employees while getting a very decent salary, that's why even in the age of 60, they are still working to maximize the benefits of their hard work.

This kind of topic doesn't promote or encouraging us to work until we're old. Of course it is so much better to retire at an early age to celebrate our success.

[doomloop]

Setting a retirement age for workers can make sense in some ways. It helps to ensure that there are opportunities for younger workers to enter the workforce and advance in their careers. Additionally it can help ensure that the older workers are not forced to work beyond their physical and mental capabilities. There are arguments that retirement age should be more flexible, based on individual circumstances such as health, financial status, and personal preference. Indeed whether or not a retirement age makes sense for every individual. None of us wants to force ourselves to work even we reach the old age.

Like you said earlier it depends. If you are old but are still very active and you also need money to support yourself and the people that depends on you then you can continue working. So, it is better for the retirement age to be flexible or better if a company doesn't have it so that there will be no worries if our company will permit us to continue or not but I think the only advantage of retirement age is that there are certain benefits that entails with them like pension funds. I don't know if that is the same to retirement funds but having one of it is better than nothing. It ensures you a fixed income even if you are no longer working.

[KingsDen]

Retirement age doesn't really matter in my opinion since we all have choices on what age we should retire. Senior employees contributed a lot in any companies, they are the best teachers to train new employees while getting a very decent salary, that's why even in the age of 60, they are still working to maximize the benefits of their hard work.

This kind of topic doesn't promote or encouraging us to work until we're old. Of course it is so much better to retire at an early age to celebrate our success.

Every government has a retirement plan for their workers. They have the age at which every civil servants will have to retire. But government coming in the middle of the game to change the goal post saying that every civil servant we have to serve for x more years.
To somw people, it is fair because they will have to be in service for more years. But to some people, it will be unfair to them because they would want to relax and enjoy the fruit of their labor. According to your analogy, anyone can decide to retire at any time but if you retire before the government stipulated time, how sure are you that the dividends and retirement benefits would be given to you? That is the bone of contest in this discussion.

[salad daging]

It depends, some people get retired because they have been in service for way too long and some are retired because they are old, I understand that some older people are still able to work, but retirement comes with pension money right? Although some government in some countries don't fulfill their promises to retired government workers, in my country many retired government workers are abandoned by the government, left to survive on their own and some.of these old men and women have no relatives that can take care of them, only this that have children that are successful and rich are in good care.

But usually, retirement is at the age of 50 and over, some are less than that depending on those who work and the policies of the company they work for, but every worker who retires has severance pay that must be given because he has served the company for a long time.

Because the government always forgets about some civil servants who are not given pensions for many other administrative reasons that do not meet the criteria, even cases like this are many in several countries, but in the end, these civil servants will be neglected because the government will no longer pay attention to them after retirement.

If I have to advise anyone who is older and also a government worker, I will tell them not to rely on the government work, when they are getting closer to their retirement, they should be able to find something else to do with the money they made from the government's job, they should be able to deposit money into another new business that will help them as they get more older.

It's much better for them to have their own business as a side if they rely on pension money then it won't be a complete fact, they have to be able to be creative again in any field other than being government employees first so when they enter retirement they are ready with the business they are running. run it and don't depend on the government that doesn't always keep its promises.

[og kush420]

Retirement age doesn't really matter in my opinion since we all have choices on what age we should retire. Senior employees contributed a lot in any companies, they are the best teachers to train new employees while getting a very decent salary, that's why even in the age of 60, they are still working to maximize the benefits of their hard work.

This kind of topic doesn't promote or encouraging us to work until we're old. Of course it is so much better to retire at an early age to celebrate our success.

Every government has a retirement plan for their workers. They have the age at which every civil servants will have to retire. But government coming in the middle of the game to change the goal post saying that every civil servant we have to serve for x more years.
To somw people, it is fair because they will have to be in service for more years. But to some people, it will be unfair to them because they would want to relax and enjoy the fruit of their labor. According to your analogy, anyone can decide to retire at any time but if you retire before the government stipulated time, how sure are you that the dividends and retirement benefits would be given to you? That is the bone of contest in this discussion.

Now people are not looking for the long term jobs. They are now looking for the business which can help them grow.

[CageMabok]

Now people are not looking for the long term jobs. They are now looking for the business which can help them grow.

Long-term work can also help a person to grow in life. Because if someone is just looking for a job that can make him grow without considering whether the job will last him in the long term or not, it will only help him for a while because he has to find another job that he can do in the long term. So a job in the long term is the first solution that must be found by everyone if they want to grow well in their respective lives, especially if it is their own business that is run independently.

[Sexylizzy2813]

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?

If you need the government retirement plan in your late age you are fucked anyway. Retiring at 62-64? No fucking way. How about making investments while you were young and getting retired at 50? 40? or even 35? Now that sounds cool. The government can take that retirement plan and stick it to the place where the sun don't shine. Unfortunately for the most people, they need that shit to survive and that's a terrible thing. Now they need to work 2 more years just to what? get retired on a shitty gov plan. You only live once, plan accordingly.

Some people do love it, you can call it shitty government plan or whatever but it still doesn't change the fact that some workers do reduce their age as to continue working, especially a place where the money never stops coming.
I agree with you where you said "you only live once. Plan accordingly", the way you feel is it the same way the people feel about themselves? Thats what you need to know, it just have to happen SHITTY GOVERNMENT PLAN.

[MiF]

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?

I think this is a serious topic, there are a lot of worker that still wanted to work because thier condition is still good even if they are old, and there are also wanted thier retirement fee because they have a health problem, so for me it is a good option to asked the worker if they can still work with thier age, i think it depend on the health not on the age.

[bestcoins1]

I think this is a serious topic, there are a lot of worker that still wanted to work because thier condition is still good even if they are old, and there are also wanted thier retirement fee because they have a health problem, so for me it is a good option to asked the worker if they can still work with thier age, i think it depend on the health not on the age.

I slightly agree with what you are saying, because at this time there are still old and old people who still want to sell in the market to get money. That means they are still healthy enough to continue working and earning money in their lives, because in fact at this time there are also young people who are no longer able to work to earn money due to being hindered by their health and even because they are completely paralyzed in their life. So I agree more that working is not all about age, but health because young people can't work when they are sick.

[passwordnow]

Now people are not looking for the long term jobs. They are now looking for the business which can help them grow.

Not really, if there's an opportunity to work for long-term jobs. There will be people that are quick as a flash to take it as long as the opportunity permits them to stay for the long term. People want security and this is a real thing while everyone wishes to have a business and grow with it. For most starters, having a job is a sign of having no failure at all but if it's for having another source of income then business is the other source that we're thinking of. That's why even if there have been people on their jobs and they've worked for so long and even they're already old, they won't just leave it because there's the stable income that they get from it. No offense to both parties but wherever you're happy and earning hard earned money, that's the best place where we can be as long as we're happy and enjoying.

[og kush420]

Now people are not looking for the long term jobs. They are now looking for the business which can help them grow.

Not really, if there's an opportunity to work for long-term jobs. There will be people that are quick as a flash to take it as long as the opportunity permits them to stay for the long term. People want security and this is a real thing while everyone wishes to have a business and grow with it. For most starters, having a job is a sign of having no failure at all but if it's for having another source of income then business is the other source that we're thinking of. That's why even if there have been people on their jobs and they've worked for so long and even they're already old, they won't just leave it because there's the stable income that they get from it. No offense to both parties but wherever you're happy and earning hard earned money, that's the best place where we can be as long as we're happy and enjoying.

i think its a good practice to have retiremnt plan and specific age of retirment
But most people do not life sitting idol
they want to work and they have enrgy too. I have seen people health detirate during their stay at home retirment days

[South Park]

Now people are not looking for the long term jobs. They are now looking for the business which can help them grow.

Not really, if there's an opportunity to work for long-term jobs. There will be people that are quick as a flash to take it as long as the opportunity permits them to stay for the long term. People want security and this is a real thing while everyone wishes to have a business and grow with it. For most starters, having a job is a sign of having no failure at all but if it's for having another source of income then business is the other source that we're thinking of. That's why even if there have been people on their jobs and they've worked for so long and even they're already old, they won't just leave it because there's the stable income that they get from it. No offense to both parties but wherever you're happy and earning hard earned money, that's the best place where we can be as long as we're happy and enjoying.

The needs and wants of each person change as they age, at the beginning of their career people are not afraid to change jobs and even to change their whole careers as they have a lot of time left and they are trying to increase the pay they take home each month, but as people age and they get near their retirement age the last thing they want is for things to change, they just want to keep their job and keep their current pay until they can retire, however the job market is evolving and this is getting harder and harder with each passing decade.

[hannahB4]

This case is different from my country because there was a plan around eight years ago now that you can choose to retire at whatever age you plan to in government work and you will be given all benefits for those years if you follow the due process so the age increment is not a do or die affair some people will like while some won't,so you choose.

[Uruhara]

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?

I think this retirement age limit can be adjusted according to what type of work that person is doing. If it is for jobs such as private employees and the like then in my country the retirement age in that field is a minimum of 55 and a maximum of 60 years. ¹

But the minimum and maximum retirement age limits in each country are very different. and in my country, Indonesia is one of the countries with an earlier retirement age.

But it all depends on the type of field entered. Just as a civil servant in a country holds the position of an expert in a particular field, the maximum retirement age is usually raised to 65 years. because it is difficult to find a substitute who can replace a veteran expert in a field.
and I feel the rules in my country are the most comfortable. and I agree with the regulations in my country. but for other countries as OP listed. I don't know the situation there. and what is the level of health and fitness there at that age. so those who can judge maybe from the residents there.

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Reference:
1. https://www.refruitfirst.co.id

[serveria.com]

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?

It's a necessity and should be treated as such. The population of Europe is growing old and combined with low birth rate it's a potential disaster. Soon there will simple not be enough people to pay the pensions for the existing pensioners. In some countries the increase is not so dramatic (62 to 64 in France) while in some it's more radical (60 to 65 for example). In any case, we'll have to adapt to that, otherwise the whole pension system will collapse.