Appropriate retirement age

Appropriate Retirement Age

Retirement is the point where a person stops employment completely. (Wikipedia) Retirement happens when someone’s physical conditions do not allow him to work anymore. It can also happen when someone’s age has reached the limit obliged by government.

The age of retirement is different in every country. Some countries oblige the worker to retire at age 50(France), 60(India) or even 65 (United States). Surely the retirement age is only for employee who works in public company. If the employee works for his own company or if he works in private company, the retirement age is different depends on his will or the company’s will.

Retirement age is influenced with so many factors, some of them are occupation and financial condition. Professors used to work until their eighties because of their knowledge is rarely found, while athletes obliged to retire about their thirties because of their physical conditions are worse than younger athletes.
If someone’s financial condition is enough for his entire life, he could stop working. For example is Robert T. Kiyosaki, the author of Rich Dad Poor Dad, he retires at age 40 because he has system which can gives him money without working. And this passive-income-system makes his financial condition good enough to support his life, so he can have early retirement. But other people are forced to work after their fifties because they still have certain duty to fulfill. For example, parents who has kids in age about forties has duty to pay for their kids education.

For the conclusion, I think the retirement age can not be obliged because it depends on someone’s condition, such as financial condition and physical condition.

Citation lists :
(http://en.wikipedia.org/wiki/Retirement)