Topic: Retirement Age for Workers - Does this Make Sense? (Read 1572 times)

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.

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

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.

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.

hahaha that's funny mate .
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.

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.

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.

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

Even at age 50 on which illness would really be starting to occur on which it would really be just that normal that you would really be that considering on having those retirement as early as possible but if you are that someone whose really that working into a company or private/public then they had already set those bar standards on which you cant really be able to get retirement funds if you cant really be able to hit that specific number of years of work or service on which this one wont really be leaving you any options or choice but to deal up with those things. To those who had made out those voluntary retirement is into those people who had been able to make themselves succeed on other ventures on which they had made out themselves to be that successful about business on which they are really that confident that they could quit and they could sustain
if ever they would be deciding on quitting up their job.

It is really just that good to see that we are really that stopping working and would be focusing into the things on which we are interested in without stressing yourself that you might be losing up your job.
It could be possible but its not a state that you could really be easily be able to achieve because we know that things in life doesnt really come that easy and it would really be requiring that hard work
and effort for you to be able to reach out that state.

If you're working under someone being employed, you may not have choice o er your retirement plan than what they give from their own rules to follow concerning retirement plans, but when you're independent of yourself and the work or business you do, you will do it to your satisfaction until you feel like, you're indeed satisfied enough, not only that, you can leave the work for tour children to take over after you when they understand how to run the business and manage it well, together with their interest in doing it, then you can choose when to retire or not.

Previous people who worked in government offices or in government services really had a clear dedication to developing the economy. Even though by law they are paid by the government, the way they work is very tenacious and never gets tired so that those who have reached the age to retire will be truly proud of their country and their families too. I see this in people who are still alive and have retired in my area, especially my neighbors and my own parents.

In general, a child will not be able to repay his parents even though a child makes various sacrifices to repay him. But I would rather say it as a form of devotion because as long as our parents are still alive and they have retired, of course it is a child's duty to take care of him and also provide every devotion to him. And I think you are also a very good child if you try to make sacrifices for your own parents in their retirement for now, because many children out there are still not able to do this for their own parents.

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.
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.

60-65 seems a bit too old for someone to retire. I mean at this age, illnesses starts to occur and one might not be able to do all the things that requires physicality, and this means there are only a few more things left to enjoy the remainder of your existence.
I think the most suitable age for someone to retire and have pensions is 50. Considering how huge the government are taking taxes from businesses and workers, without a doubt it could be sustainable. We barely even seen where our taxes went lol.

this is the reason why it is important to organize your life from a young age, because we will not know what difficulties we will encounter when we are old, I have seen many people who have very difficult times in their old age because they retire and their old age makes them have to let go. their jobs and like it or not they have to be willing to live without a job in old age.
For anyone, investing from a young age is very important so that when you are old, your life will be difficult, you will not depend on other people even your own children, because we don't know how our children will behave in the future, maybe they will leave us and not care about our lives in old age.

Different heads, different contents.... And yes, everyone has different thought patterns and opinions, but don't let us be easily influenced by other people, you intend to build a better future, but because there is a whispers from other people, you change your perspective and prefer to enjoy your youth by relaxing and having fun, while whatever your future holds, it's up to God to decide.

Therefore, what you say is true, that we must have strong life principles, so that we are not easily influenced by other people, not easily confused with stupid things, especially thoughts that lead us to bad things and misery. And the environment or relationships are the main factors for a person in choosing a life principle and finding an identity. Therefore, it is important for us to sort and choose relationships, choose an association that actually invites goodness and can encourage us to be more enthusiastic about becoming better.

Here in my country early retirement starts at 60 and some other people here choose 65 as their retirement age. Though numbers differ in any parts of the world but yeah that is the the old workers enjoy the fruit of their hard work. Salute to these people who really has huge contribution to the economy sacrificing their personal wants to cater the need of their families. My mother is actually one of them she retired working at the age of 60 and now she got small monthly pension enough to be used for their daily needs. That is the reason why I had to work smart to repay their sacrifices when I was a kid. It's not a responsibility as what others might say but family is a family.

yes there are also people like that, because maybe he doesn't have a complete family, for example he only lives alone so it's possible that this person has a family only in his work environment where his coworkers at work they consider as family, and even though the boss has told him to quit but if he is comfortable in that place, it's likely that he won't leave the job even though it's not because of finances but about his coworkers who are already considered as family.
And I think it also depends on the individual, you mentioned "we" not "me", I don't think everyone invests at a young age because like the story I launched earlier there are also some people who spend their money in their youth because they don't think long so they choose to spend money in their youth by having fun. "Helping elderly people enjoy their retirement without working but getting assistance from the government. "That's good, because if it's like this I think this government can see the society around it, because in my country this doesn't happen often. many people who are elderly but still work to meet their own needs or their family's needs and maybe for other reasons, I don't know myself clearly but what I see is like that.

Depend on each individual because not all of old age should enjoying their life with family because they have burdens and liabilities that must be paid off. Actually we are on the young age have prepare well investment assets in the future and raise old age not keep working exactly in my environment they have spent more than 8 hours in daily to work with cheapest salary payment. Right position for children can get stability financial and help our parent not have to work on older their age.
In some countries have regulation can't allow the older for working in the company but they helped with giving all insurance needed by old people, good solution for helping old people enjoying retired their life without work but get help from government.

Well, this is interesting, basically people's thoughts are different, and as you said, I think your comment reflects someone who doesn't think about their future where they prefer to spend their money to enjoy their youth. That's not completely wrong, because it is everyone's right, especially if they do that but also don't forget to save, that's better. and in my opinion, people like this tend to have short-sighted thinking, because all they do is spend their money to have fun in their youth and not have any benefit in their old age.
and you said about death, I say once again everyone's thoughts are different, why do I think more about youth, because when I worked hard at a young age and wanted to live to enjoy old age by relaxing and enjoying the results of my hard work and if indeed I died, is it all over? I don't think so, because when I have enough results to enjoy and I die, the results that I should have enjoyed can be enjoyed by the rest of my family, maybe my sister, wife, or other relatives, also if they have I think they have a good mindset and will continue all of this to make it into another business that should produce results too. In my opinion, nothing is in vain in this world if we do it with good intentions, but as I said, every person's thoughts are different. is this helpful enough?

because I have my own principles in life.

And then after that there are stupid people asking, why are you tired of working hard and fighting tooth and nail for old age, even though God doesn't necessarily give us a long life? Why collect money to save and invest here and there just because you think that in a few years you will decide to retire and enjoy this time with your family. Who knows, maybe before you retire, you might die? And in the end you won't be able to enjoy the results of your hard work that you have accumulated, except for your funeral costs. And instead of doing all that, it's better to just use the money to have fun and enjoy your youth.

That's a series of stupid questions and statements that I often encounter. They really can't think long, and think like this, that it's better for me to spend my youth full of effort and hard work without having to forget to enjoy the process, and also stay focused on building a better future. because who knows, God will give us a long life. And if you have to die young, everything will not be in vain, because wealth and objects can be passed on to the family. And if in fact we are given a long life, then we can enjoy everything together with our family.