Read? More retiring later, but is it for the right reason?
The reality of retirement only starts to dawn for most people in their 50s, leading to unhealthy reasons for continuing to work, says the Singapore University of Social Science’s head of the gerontology graduate programme.
SINGAPORE: As a sociologist and a gerontologist, the retirement phase is of great importance and interest to me.
From the life-course perspective, retirement is the cessation of gainful activity or full-time work. It is a phase in one’s life which has accrued much attention due to the growing longevity of human beings and demographic ageing of most societies around the globe.
In Singapore, the retirement age has been increased from 60 to 62 years, and re-employment is possible until 67 years and beyond.
Today, more seniors aged 55 to 64 are working than ever before.
One reason why people are retiring later may be that attitudes about retirement are shifting as people live longer lives......