Retirement age vs Life Span

• pqr

  13 Sep 07, 08:37

  By deciding to retire early, you are making a step in the right direction
  of living to a ripe old age...!
  
  The report indicated that for people retiring at the age of 50, their
  average life expectancy is 86; whereas for people retiring at 65, their
  average life expectancy is only 66.8.
  
  This means that for every year one works beyond 55, one loses 2 years of
  life span on average.
  
  ...for us to ponder over whether we should continue to work
  after collecting CPF?
• de_middle

  13 Sep 07, 13:45

  but but but.....they say we are living longer
• kramnave

  13 Sep 07, 13:48

  Then those ah peks still working one are ghosts ? Or they shouldn't retire ?
• Lin Yu

  13 Sep 07, 13:54

  with the government withholding $120,000 from the special account and to be paid out after 65 years old for the next 20 years (approx $500 per month). If this is stretch to 30 years instead (approx 300 pm). then annuity is no longer necessary as how many will live pass 95 years old .
  
  this is a better solution then the million $ minister of $300 per month annuity scheme.
  
• Darkness_hacker99

  14 Nov 07, 02:04

  where is the source?
• reddressman

  14 Nov 07, 16:12

  If I am not an idiot,
  
  It seems to me that ,
  
  the new concept / IDEA of RETIREMENT some wise guy is telling me
  
  seems to be 'DON'T RETIRE'.
  
  knnbccbtlphk!
• FireIce

  14 Nov 07, 16:13

  cont in existing thread on this topic