DEFINITIONS OF RETIREMENT AGE:
DEFINITIONS OF RETIREMENT AGE Age at which an individual can retire from his or her position and receive all the benefits guaranteed under a retirement plan .
THE EARLY YOUNG MEN (CAVEMEN):
THE EARLY YOUNG MEN (CAVEMEN) “CAVEMEN DIDN’T RETIRE, THEY JUST DIED YOUNG”
…BUT MEN GROW OLDER:
…BUT MEN GROW OLDER
…AND IN THE WEST:
… AND IN THE WEST In 1889,74 year old German chancellor otto von Bismarck set the bar for a retirement age in the western world by initiating old age social insurance programme. In German the retirement age at 70. But many people in Germany lived above the age of 60 back then
…GREAT DEPRESSION FORMALISED RETIREMENT:
… GREAT DEPRESSION FORMALISED RETIREMENT Francis Townsend, a doctor in California, was eased out of his job during the great depression. As he witnessed the suffering of old people during the great depression. Townsend proposed a scheme whereby people above the age of 60 would be paid $200 as a monthly pension. Over five million people supported the campaigh
CONCLUSION:
CONCLUSION Retirement is less work and more rest. Therefore there are chances that you might feel unhealthy and probably fall prey to diseases after retirement, as you are left with no exercises and work. So to lead a healthy retired life, eat healthy, stay away from alcoholism and smoking in young years and remain fit for your entire life span. Retirement does not mean the end of work! It is rather the time for you to enjoy your hobbies and probably start some small scale business (if you wish!) related to your interest area. This would keep you active and might also add to your life span.
THANK YOU:
THANK YOU