When is the Right Time for Us to Retire?

According to Wikipedia, retirement is the point where a person stops employment completely. The retirement age varies from country to country, each country have their own standard of retirement age for their employees. In our country, the retirement ages in Indonesia is mostly from 55 to 56 (Leoi. 2008). In my opinion, employees may retire from their job in the age about 60 to 65 which must be appropriate with the type of their job. There are several reason that may be
influential for the retirement age.

Firstly, the type of the job very related with employee productivity period. Certain jobs, the most dangerous or fatiguing ones in particular, such as firefighters, police officers, etc, have an earlier retirement age. But actually the case is the longer someone has dedicated to his/ her job, the more experiments he/ she get, and the more professional he/ she will be. Many professions have mandatory retirement ages for example: pilots, military, education, and other professions. Education professions; many are required to retire at 60 or 65. Although these educators are fully capable of working in the areas of their expertise, they are forced into mandatory retirement (Rincon. 2007). Many politicians, scientists, lawyers, television anchors, and professors still work well into their 70s, however some actors, models, athletes, and musicians only work until their 30s (Anon. 2007).

Yet, some people believe that if the retirement age for social security keeps moving backward, it will make room at the top for younger employees to move up the corporate ladder so they may bring fresh ideas for a sustaining the company in a global economy.

Second factor for the retirement age is the personal factors, such as the worker’s health, family situation, or personal aspirations. The most important personal factor is the worker’s health. Until the age of 60 to 65, people are probably experienced and will give a perfect performance. Besides, the physical condition of Indonesian people will decrease in the age about 65, and we can get sick more easily in this age. Other reasons that people are forced into retirement are mainly meeting the physical requirements of the job (Rincon 2007).

In conclusion, the retirement age is not only depends on one factor. It depend on the type of the job we do, it may take a longer time than usual if the job need a lot of experience. The condition of our physic is also important to decide when is the best time for us to retire, and the other factor which are related.

References

Anonim. 2007. Retirement. The Online Wikipedia. Retrieved May 4, 2008 from the World Wide Web: http://en.wikipedia.org/wiki/Retirement

Leoi, Sim. 2008. Government extends civil servants’ retirement age to 60. 3 Stocks You Need To Retire Rich. Free Report. Retrieved May 4, 2008 from the World Wide Web: http://thestar.com.my/news/story.asp?file=/2008/4/18/nation/20988451&sec=nation

Rincon, Paul. 2007. Retirement age 'should reach 85' . BBC News Article. Retrieved May 4, 2008 from the World Wide Web: http://news.bbc.co.uk/1/hi/sci/tech/4726300.stm

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