Traditionally, people who attained the age of retirement would simply leave their place of work for a life full of leisure. Increasingly around the world, it has been observed that more and more retirees have made the decision to continue working, for example, taking on freelance or consultancy positions. The reasons for this are many fold, which I will explain below. Based on my observations of this trend, I am emphatically in favour of retirees working, as this brings benefits not only to the retiree but also to the community at large.
One key benefit generated by retirees continuing to work is that the store of knowledge possessed by the retiree is not lost. Having spent many years honing their craft, it would be a waste to lose those skill sets of the older generation when they attain the age of retirement. I have observed many companies engaging their former employees after they attain the age of retirement in contract consultancy positions to ensure these valuable members of the organisation are available to coach the younger generation and provide continuity of knowledge.
Another benefit is that the retiree will still enjoy a source of income, which would be helpful in defraying high living expenses. Inflation rates around the world are high at present, and lead to rising costs of living. Some retirees I know, who chose not to work and rely on their savings are constantly stressed trying to make ends meet. They must forego luxuries that they could afford when they were working, simply because they no longer have the means to spend on them, as inflation eats into the purchasing power of their savings.
For retirees who found pleasure in their work in the past, working past pullout age would be an enjoyable task. I have observed some retirees who used to thrive in the previous careers and who previously enjoyed the thrill and excitement of their work, find themselves utterly bored when they no longer work. Indeed, I have observed that older people who do not keep their minds active might even suffer from health ailments such as dementia.
Having considered the points above, I believe that people choose to work after the age of retirement as they can still contribute their skills, earn a decent income, and find it an enjoyable activity that may even benefit their health. Due to these advantages, I am firmly in favour of the older generation choosing to work after their evacuation.
Traditionally
,
people
who
attained the
age
of
retirement
would
simply
leave
their place of
work
for a life full of leisure.
Increasingly
around the world, it has been
observed
that more and more
retirees
have made the decision to continue
working
,
for example
, taking on freelance or consultancy positions. The reasons for this are
many fold
, which I will
explain
below. Based on my observations of this trend, I am
emphatically
in
favour
of
retirees
working
, as this brings
benefits
not
only
to the
retiree
but
also
to the community at large.
One key
benefit
generated by
retirees
continuing to
work
is that the store of knowledge possessed by the
retiree
is not lost. Having spent
many
years honing their craft, it would be a waste to lose those
skill
sets of the older generation when they attain the
age
of
retirement
. I have
observed
many
companies
engaging their former employees after they attain the
age
of
retirement
in contract consultancy positions to ensure these valuable members of the
organisation
are available to coach the younger generation and provide continuity of knowledge.
Another
benefit
is that the
retiree
will
still
enjoy a source of income, which would be helpful in defraying high living expenses. Inflation rates around the world are high at present, and lead to rising costs of living.
Some
retirees
I know,
who
chose not to
work
and rely on their savings are
constantly
stressed
trying to
make
ends
meet
. They
must
forego luxuries that they could afford when they were
working
,
simply
because
they no longer have the means to spend on them, as inflation eats into the purchasing power of their savings.
For
retirees
who
found pleasure in their
work
in the past,
working
past pullout
age
would be an enjoyable task. I have
observed
some
retirees
who
used
to thrive in the previous careers and
who
previously enjoyed the thrill and excitement of their
work
, find themselves
utterly
bored when they no longer
work
.
Indeed
, I have
observed
that older
people
who
do not
keep
their minds active might even suffer from health ailments such as dementia.
Having considered the points above, I believe that
people
choose to
work
after the
age
of
retirement
as they can
still
contribute their
skills
, earn a decent income, and find it an enjoyable activity that may even
benefit
their health. Due to these advantages, I am
firmly
in
favour
of the older generation choosing to
work
after their evacuation.