Retirement is generally understood to be the time when people stop working and start collecting a pension (Murray Gendell 2001). The point in time at which a worker decides to withdraw from the labor force is determined by a number of factors. Some factors are personal and others are regulatory. Personal factors contain the worker's health, family situation, and personal aspirations. While regulatory factors contain the condition and prerequisite of normal retirement age in public and private pension plans (Monthly Labor Review, October 2001).Personally, I think there are several things to consider before you want to retirees. First you have to deem in what age you want to stop working. It’s important in order to plan your job; you must work harder if you want to retirees earlier. Some people said that you should retire at the age of 50, while in others people can work until they are 70 or even 80. The most common age in retiring is at age 62-65, the government policy in every countries not suggest you to retiring more than that age. (http://www.labour.g.ca).
Second you have to deem about your fund when you stop working. You must consider your savings in order to support your daily need to continue your life. You must calculate your income and your expense since you’re no longer working and your income just come only from social securities.Last, the most important thing you have to consider before you want to retirees is you must make your own decision based on your own circumstances. All the personal factors and all the regulatory factors just guide you to determine the perfect retirement age. Some people like Johnson and Satran still working because they still want it, the jobs are not physically demanding and they are not ready for a steady diet of golf and fishing. "I'm better at work than I am at golf," said Johnson, who has been at Securian for 44 years and heads a group that has grown at an 18 percent annual growth rate over the last 10 years. Dr. Leon Satran, 72, said “retirement is not quite on my radar yet" Satran, who practices at Fairview's Children's Clinic on University Avenue in Minneapolis, has been a pediatrician since 1969.
In conclusion, I think when you can still working and you fell enjoy in it, nobody can’t ask you to retiring. But you must manage when the perfect time you must retire and prepare all the condition that will happen when you retire. Over that all, the best time to retiring only knows by you.
References:
Retirement. The Online Wikipedia. Retrieved May 15, 2008 from the World Wide Web: http://en.wikipedia.org/wiki/Retirement
Social Security Online. Retrieved May 15, 2008 from the World Wide Web: www.socialsecurity.gov
Labour. Retrieved May 15, 2008 from the World Wide Web: www.labour.gc.ca
Hadzipetros, Peter (2005, February). Retirement may not mean retirement. Retrieved May 15, 2008 from the World Wide Web: http://www.cbc.ca/news/background/retirement/index.html
Phelps, David. (2007, September).Census: Retirement age doesn't mean 65. [Online Article]. Retrieved May 15, 2008 from the World Wide Web: http://www.startribune.com
Gendell, Murray. (2001, October). Retirement age declines again in 1990s. [Online Article]. Retrieved May 15, 2008 from the World Wide Web:www.urban.org/center/ibp/Projects/
No comments:
Post a Comment