Tuesday, May 6, 2008

The Perfect Time to Retire


According to Wikipedia, online dictionary, retirement is the point where the person stops employment completely. This usually happens upon reaching a determined age, when physical conditions don't allow the person to work anymore (by illness or accident), their kind of job or even for personal choice (usually in the presence of an adequate pension or personal savings). Because of all those reasons above, the retirement age of people is different one to another.


In my own opinion, the appropriate age to retire is about 60 to 65 years old. Especially, in the development country like Indonesia. Why? As a development country, Indonesia’s citizen is about 220 billion souls. Because of the tradition, a lot of them have a lot of children. So, most of them are big family, that also have a lot of needs to fulfill. So, in order to fulfill those needs the head of the family, have to work a lot until their children could find their income alone. Furthermore, workers salary in this country is still low, so it will take a long time to fulfill all those needs. That’s why I think time until you reach 60 or 65 years old is enough to fulfill that kind of needs. You are not too early to stop but also not working for the rest of your life.


Secondly, the education situation in this country is not that good. Not all of the young generation has a good education, even the academic or moral education. So, it’s not that easy to give the higher position to the younger. Furthermore, there is an opinion that the elder is the smarter. Because of this situation, I think it is good for someone who has the important position in some companies to work until they reach 60-65 years old. They can use their ability to develop the company where they are working and also could prepare the younger employee in those companies to replace them in the future.


But there still some reasons that makes or forces some people to take their retirement early. Firstly, physical condition. If their health condition is not make possible for them to work, of course automatically they have to retire. Some workers may want to continue working until they reach the normal retirement age, but others may not have that option. Sometimes a worker's health has already deteriorated to a point where working additional years is not possible. This is especially true for low-income and blue-collar workers, women, and African Americans (Weller,2000).


Secondly, kind of job. A different job also lead someone to a different retirement age. The country of the person also influence the retirement age of person. For example: In 2007, retirement age for teachers in France is thirty eight years after employment and age 50 for train engineers on the SNCF, the national railway.The retirement age in India for public sector employees is enhanced from 58-60 years in July 2007. In Malaysia the retirement age has just recently been raised from 55 years to 56 years. Many politicians, scientists, lawyers, television anchors, and professors still work well into their 70s,because they are trusted to have good experience in their life, however some actors, models, athletes, and musicians only work until their 30s. For example: Michael Jordan, world famous basketball player. He retired in 2003, in the age of 40 years old.


In spite of that exceptions above still I think that 60-65 years old is the perfect time to someone to spend the rest of their life to have a good time. To spend their time with their family, or to spend time to do everything they like and many more. So, from those reasons above, I certainly suggest that the right age for someone to retire is about 60-65 years old.


References


Michael Jordan [Online article], Retrieved May 5, 2008 from the World Wide Web: http://en.wikipedia.org/wiki/Michael_jordan

Retirement (2008, April 18) [Online article], Retrieved April 19, 2008 from the World Wide Web: http://www.wikipedia.org/Retirement.htm

Weller, Christian E. (2000) Raising the Retirement Age: The Wrong Direction for Social Security

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