9VSPO From , joined Dec 1969, posts, RR: Posted (8 years 4 months 3 weeks 5 days 18 hours ago) and read 2446 times:
Currently the UK government are trying to raise the retirement age to 67 because there is not enough money to cover state pensions and other state benefits.
Do you imagine working until you are 67? If not, when do you imagine retiring?
Alcregular From , joined Dec 1969, posts, RR:
Reply 9, posted (8 years 4 months 3 weeks 5 days 17 hours ago) and read 2398 times:
I'm not working a day past 60. I think we work long enough and don't give ourselves enough time to live and enjoy our life. My parents are retiring together.They will retire in 10 years. Their home here will be their holiday home, they#'' be jetsetting around the world all the time, and I don't blame them.
NoelG From , joined Dec 1969, posts, RR:
Reply 10, posted (8 years 4 months 3 weeks 5 days 17 hours ago) and read 2391 times:
You don't have to retire at 67. That's only the age they will pay a state pension. Anyone can take early retirement if they have the pension there to do so.
I think it's bang out of order of the government though - sap everyone for every last breath and every last penny of taxes before they no longer work. Another reason why we'll be moving abroad at the first opportunity!
PROSA From United States of America, joined Oct 2001, 5576 posts, RR: 5
Reply 11, posted (8 years 4 months 3 weeks 5 days 17 hours ago) and read 2390 times:
Average retirement ages in the United States keep falling. Something like 80% of Social Security recipients opt to take the reduced benefits available at age 62 rather than working to 65 and getting full benefits. In fact, many people are using private pensions and savings to retire long before they reach "normal" retirement age. Retirement at 55 is commonplace these days and even 50 is not unheard-of.
When you think about it, there are several trends that should lead to retirement at older and older ages:
1. Fewer younger workers in the "pipeline" to replace those who retire.
2. Increased years of schooling, which means less time in the workplace.
3. Longer lifespans.
4. People remaining healthy for longer, therefore capable of work.
5. Fewer and fewer physically strenuous jobs (<10% in the United States).
Yet, in face of all this, an increasing number of people are retiring when barely into middle age. What gives?
"Let me think about it" = the coward's way of saying "no"
QFA380 From Australia, joined Jul 2005, 2059 posts, RR: 1
Reply 14, posted (8 years 4 months 3 weeks 5 days 15 hours ago) and read 2362 times:
Depends what job I get. If I can work for QF and become a Captain by the time I'm 40 I'll work there for a long time. If I get some boring job in an office then I'll retire at 55. My grandma is about to retire and shes nearly 60 shes worked for the same company for 20 years. Then shes going to go around Australia. Can't wait to retire.
Sv7887 From United States of America, joined May 2008, 1025 posts, RR: 0
Reply 15, posted (8 years 4 months 3 weeks 5 days 15 hours ago) and read 2359 times:
I'll probably adhere to the Indian retirement age of 55..I don't think it's worth it for work forever. My dad just semi-retired at age 60. He didn't think it was worth the hassle anymore either. Time to do some traveling or do something fun.