Retirement on the right moment

Basically, Indonesian employee enter the retirement phase on age 56 . The system of retirement usually through the free function phase on 55, then they are completely retire on 56. There is some exception for civil employee in Indonesia, especially for teacher or professor, they could teach until 60 or 70 years old. However, lots of Indonesia employees decide to stop working on 56 years old (Suruji 2008). It means, those ex-employees should continue their life from benefit of the retirement salary. It’s better if they have some additional fund like investments or another works after retire. As the employees' welfare and better living-age expectation, many people get some psychological shock to get retire on age 56. Why should they jobless early if they are still productive enough to work.

According to Wikipedia Online article, “Early retirement can be at any age, but is generally before the age (or tenure) needed for eligibility for support and funds from government or employer-provided sources. Thus, early-retirees rely on their own savings and investments to be initially self-supporting, until they start receiving such external support.”

Employees become the focal point of when and how to retire and weigh factors such as work, community, self and family that may affect their choice to retire. More specifically, they might consider how they are viewed by their supervisors and perceive job growth opportunities; their relationship to family and any caregiving responsibilities they may have; what in the community may be keeping them there or their sense of belonging within the community; and how their past self and values relate to the possibilities of new friends and activities in their future self.(Dittman 2004:78).

According to those statements, we can get some conclusion that retirement can be better if it happens on the right moment. The right moment means not too young and not too old. Not too young can support someone to gain much salary and evolving part of career development, not too old can prevent the workers who incapable for work anymore.
Being retirement is not as bad as we think.Psychologist J. Fagan was retirement at age 50. At first he admits that he would missed contact with his professional colleagues. “I moved from being a big fish in a little pond to just fish alone”, He said. And then he tried to brites books, and now become a lecture in psychology classes. "I'm doing some of the things that I never had time to do," says Fagan, now in his fifth year of retirement. "It's a wonderful life in retirement."

Sources :

Retirement. The Online Wikipedia. Retrieved May 22, 2008 from the World Wide Web: http://en.wikipedia.org/wiki/Retirement

Dittmann.(2004, November 10). Retirees are shifting interests, reinventing careers and changing the very definition of "retirement." Retrieved May 22, 2008. American psychological Association.78 p.

Suruji (2008, April 11).Hidup Memadai di Masa Pensiun. [Online Article] Retrieved May 22, 2008 from the World Wide Web : http://financialplanners.wordpress.com/2008/04/11/hello-world/

Astrid.16107093