Personal Finance
Pre-tirement
By Master Plan 2029  •  August 19, 2015

Because retirement is so passé, we now have...pre-tirement.

What???

I see the question marks popping up above your head.

Pre-tirement is a relatively new term coined within the last few years.  It describes a life stage where instead of stopping work completely in retirement, one remains active in the industry, albeit with a staggered work routine.

As your age extends past the retirement cutoff, the number of working hours is correspondingly reduced, until you decide to finally call it quits.

Presumably, it is a waste to stop work and let the years of rich experience go down the drain.  Pre-tirement allows people to continue working and contribute their expertise as a consultant.  Human capital win-win for both company and pre-tiree.

Although not all industries, for example taxi driving, require a consultant.

And I am not sure whether the grannies cleaning tables at hawker centres and ...

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By Master Plan 2029
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