Saturday, May 24, 2008

Suitable Age to Retire

Everything will stop, and so will working. Someday, people will have to stop working. The point where a person stops employment completely is called retirement. (Anon, http://en.wikipedia.org/wiki/Retirement). However, there are some problems in deciding the suitable age to retire. In some countries, the average worker is obliged to retire at the age of 50, while in others people can work until they are 65 or 70. So, until what age should people retire from their jobs?

In my opinion, 65 is the ideal age for worker to stop employment, because as long as people in the age of 50 still can remain working productively, it is all right to postpone their retirement, so that they still can do the work and give the employer the best thing they can do. Their skills are still needed, and also their creativity. However, when they are at the age of 65, they must be unable to do several things that they could do when they were younger, so that they have to stop employment at that age.

Moreover, by still working at the age of 65, worker can save more money for their retirement time. One of the major reasons that makes The United States National Commission recommends raising the “normal” retirement age is older worker will be in greater demand in the future years (Anon, http://www.ssa.gov/history/pdf/80chap5.pdf). In future years, living cost will be increasing, so that worker should save more money to earn their own living when they are retired. They will not have to ask for money to their sons and daughters because they have their own savings. Their savings also can be used for enjoying their retirement time, such as doing their hobbies like traveling, painting, or else.

In conclusion, it is all right for people to postpone their retirement at the age of 65. By giving them more time to work, they can do their best for the employer because they are still productive and creative. Furthermore, they also can save more money for their retirement time and does not have to ask for living cost to their sons and daughters.

References:

Anon. Web: http://en.wikipedia.org/wiki/Retirement


Anon. Web: http://www.ssa.gov/history/pdf/80chap5.pdf

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