Take teachers, for example. How long a teacher works often depends on the amount of pension they would get on retirement. Fifteen years ago many teachers retired at age 55 in my district, 10 years ago many retired at age 60, today the average age of retirement is over 65. People are living longer, in my district 3 times as many are over age 100 as compared to 15 years ago. People are concerned that they do not outlive their pension. I’ve often heard the comment, “teach 30 years, retire for 35”.
Last edited by Velvet; 06-07-2019 at 04:56 PM.
|