The Nitty Gritty of Retirement
In this eBook we look at planning for retirement.
We will investigate why do we do retirement?
We look at who decided on the age?
We will investigate retirements around the world
Then we look at how planning for retirement will give us ways to increase and protect our retirement.
We will look at how to spend the five-year countdown and the D Day planning versus what life dishes up to us.
Retirement is a reality like death and taxes, eventually we will find that society wants to push out the older people to make way for younger people to get jobs.
Countries may differ when we should retire, but there are very few countries in the world that do not have some form of retirement. More to the point, companies do not wish to employ older people, since they perceive the risk to the company becomes higher the older a person gets.
A forced retirement age represents legally allowed age discrimination. A discrimination companies exercise with little compassion. This has spread to society as a whole.
The retirement mind-set has created people from 60 years old becoming a lost population group and severely curtailed freedoms. Yet forced retirement also makes economic sense.
Why retire at the age of 60 to 65?
Germany was the first country to bring in the concept of retirement under Otto Van Bismarck in 1881. The “standard” retirement age varies from country to country, but it is generally between 50 and 70.
In the 1881 days, most people did not reach that age, but in the military and certain other professions, pensions were already in place.
The notion that ordinary people should be entitled to retirement was a novel one at that point in time. It caught on as the normal Joe realized that finally there may be something at the end of a hard-working life to look forward to.
Read Much More Inside….
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