In some countries, the average retirement age has been postponed over the recent decade thanks to various factors, ranging from continuous advancement in medical science and changes in contemporary people’s life attitudes. As for as I am concerned, such a trend should be encouraged because of its evident benefits to both individuals and the society as a whole.
Unlike our forebears whose prime time normally ended when they turned 50 or even just 40 due to the limitations in medicines and poor regular nutrition intake decades ago, modern people can still remain robust both mentally and physically even in their late 60s. In this case, compared to killing their idle time after retirement by gardening or sitting at home for TV programmes, for instance, continuing devoting their energy, enthusiasm, and expertise to their companies seems less boring but more meaningful in terms of their self-esteem and self-achievement. In this way, not only is their life quality likely to be maintained at the same level without too much impact resulting from a sudden drop in their income, but more importantly, the genuine recognition and respect that they are able to receive from colleagues over the course are beyond an extended period for rewarding salary.
As for the society, this is an effective move to alleviate the government’s fiscal burden in the public welfare system. The increasing life expectancy today means more pension provided in a longer period of time, throughout which little social wealth, however, is created by these retired senior citizens. By contrast, if they are motivated to extend their service in the labour market, they prove that they are still capable of relying on their own to make a living for themselves instead of getting by on a minimum level of income within a pension scheme. At the same time, their substantial work experience that has been accumulated throughout their career is an invaluable asset to their organisations in regard to making critical decisions and business strategies, as well as the junior staffs when professional on-the-job training is needed.
All in all, I am not with the view that the age is a main criterion to judge whether a person should step off from his or her job position. On the contrary, as long as the older employees are still energetic and willing, some incentives can actually be offered by either their firms or government to promote a longer span of career so much so that an individual’s value would not be limited.