Post
Topic
Board Economics
Re: Retirement Age for Workers - Does this Make Sense?
by
Russlenat
on 15/06/2023, 19:37:37 UTC
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 believe the government is considering the well-being of employees and aiming to ensure they can benefit from their retirement by enjoying life while they have the opportunity. Ultimately, this decision may be influenced by the global mortality rate, also known as life expectancy.

According to the research as we can see here in this article.

Quote
A male child born in the United States today will live to be 73.5 years old on average. This puts the male citizens of the US in 43rd place in this ranking. On average, US women are 5.8 years older, reaching an age of 79.3. The world average age of death is a few years lower at 68.9 years for men and 73.9 years for women. Within the European Union, these are 77.7 and 83.3 years respectively.

If the retirement age is set within the age bracket mentioned by OP, individuals would only have around 10 years to enjoy life after retirement. Therefore, I believe it's necessary to encourage them to retire, as life is not solely about work but also about fully enjoying it.