Retire when I am about to Kick Bucket? - Forums Forums  

Go Back Forums > The Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth

Retire when I am about to Kick Bucket?

Thread Tools
  #1 (permalink)  
Old 10-01-2009, 02:55 PM
Posts: n/a
Default Retire when I am about to Kick Bucket?

Same survey, but different headlines.

I thought I heard over TV news that two-thirds of those surveyed are NOT willing to work beyond 65 years old.

Then, in printed and online news today, the headlines are "Baby boomers are not ready to call it a day" (BT) and "Survey shows 3 in 10 expect to retire at age 65 or older" (

To me, 3 in 10 is a minority. If you score 3 marks out of 10, you get an F grade.

Since when do people come to conclusions or write headlines based on minority's views?

You would say "PAP won with 66.6% votes" and not "Election shows 3 in 10 voted for Opposition".

Or would you?

It's only when I saw the actual survey report that I realized maybe the reporters are merely parroting the report summary.

But you as the discerning reader, refer to Table 2-2-1 on page 47 of the report, and draw your own conclusions.

It's my opinion that nobody in his right mind would want to work forever. For one, I would want to retire as early as possible and do things that I really enjoy.

What about you?

Reference: MCYS Baby Boomers Survey report (press release).

Reply With Quote
  #2 (permalink)  
Old 14-01-2009, 10:51 AM
Vincent Chan--
Posts: n/a
Default 3841

Hi, I am always being delighted reading your blog.
I have the following comments on this post.

What I believe is that if given a choice, senior citizens would not like to "Work" when they turn old but they need to work because they don't have money.

Those being surveyed MIGHT be those better off persons which they have everything but take work as their personal interest or leisure. e.g. if they like gardening they might work for something related.

I also agreed when I get old I would like to work on something I like - for my case is in aviation. But for sure I don't want to work because I need to make ends meet.

- Purely my personal opinion -

Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills

SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android

Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go

SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go

SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #3 (permalink)  
Old 15-01-2009, 08:35 PM
Posts: n/a
Default 3856

Perhaps before they ask the questions, there should a special category: If you have the money for retirement, would you....

If you work with someone above 40s of age, you will notice that most of them will have mentioned that they are tired of either: reporting to an idiot, forced to manage people, dealing with office politics, trying to write volumious amount of reports, etc. If they have the money, they would have quitted. So, framing the question with that starting will show you the true answer as most will answer according to their current financial conditions, which for most, could be better.

Reply With Quote
  #4 (permalink)  
Old 15-01-2009, 10:39 PM
Posts: n/a
Default 3857

I'm planning to work until the end, but mainly because I love what I do and would be bored if I didn't have my job (already get restless after a long holiday). I guess I'm one of the few lucky ones who persued their passion and found their dreamjob...
I know a lot of people who are not doing what they liked because parents, teachers, etc advised to choose a sensible, rational and safe path. Such a waste of life.
Reply With Quote
  #5 (permalink)  
Old 03-02-2009, 04:26 PM
Semi - Retried--
Posts: n/a
Default 3969

U only hav one-life.
The choice U make is your.

Work to Live or Live To Work?
Reply With Quote


« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
10,523 Replies, 3,813,946 Views
Lawyer Salary ( 1 2 3... Last Page)
19,525 Replies, 8,728,334 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,507 Replies, 793,282 Views
Roles in accenture singapore ( 1 2 3... Last Page)
6,419 Replies, 1,752,145 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
59 Replies, 128,960 Views
How is life as a doctor in... ( 1 2 3... Last Page)
5,535 Replies, 2,664,827 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
442 Replies, 210,951 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,195 Replies, 948,021 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,491 Replies, 3,128,869 Views
IMDA (under MCI) ( 1 2 3... Last Page)
603 Replies, 313,335 Views
Civil/Public Sector -... ( 1 2 3... Last Page)
423 Replies, 347,862 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,330 Replies, 3,942,662 Views
Tech is your market... ( 1 2 3... Last Page)
53 Replies, 9,302 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,752 Replies, 3,968,209 Views
Career as Teacher ( 1 2 3... Last Page)
8,522 Replies, 5,190,170 Views
Management Consultant MBB Big4 etc... ( 1 2 3... Last Page)
262 Replies, 150,548 Views
MOM(ACE) offers good career... ( 1 2 3... Last Page)
101 Replies, 49,368 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,804 Replies, 1,099,006 Views
Compare civil service salary ( 1 2 3... Last Page)
15,521 Replies, 11,050,066 Views
ITE (lecturer) ( 1 2 3... Last Page)
264 Replies, 324,594 Views
ST Electronics ( 1 2 3... Last Page)
3,343 Replies, 1,193,690 Views
How much CPF do u have? ( 1 2 3... Last Page)
78 Replies, 53,343 Views
How much are you earning per annum? ( 1 2 3... Last Page)
14,067 Replies, 6,021,605 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,187 Replies, 898,745 Views
Career as SIA Overseas Scholar
5 Replies, 763 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
275 Replies, 129,283 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,234 Replies, 581,189 Views
GovTech ( 1 2 3... Last Page)
3,835 Replies, 1,448,467 Views
What are BAND 5 positions -...
8 Replies, 1,092 Views
Work culture in IHiS ( 1 2 3... Last Page)
464 Replies, 363,840 Views
Powered by vBadvanced CMPS v3.2.2

All times are GMT +8. The time now is 10:06 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2