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Should I retire?
Former Community Member
I was a graduate in HD in 1992 and a BEng in 1995. I also got an MBA in 2004. I have been working in the engineering industry since 1992 and with 26+ years of experience. Should I retire now or in 5 to 10 years? What do you think?
I have been working in the same company for over 5 years and I think it is the time for me to step down, and gives chance to the younger generation. Money is not a matter for me to consider and I just wonder what next for me in the coming years.I am below 50 and I don't know when I am going to die.......
So you've worked about 26 to 27 years. if you currently are in good health, you may well live another 30 to 40 years. Possibly even 50 years.
As for the younger generation, once you retire, then you are expecting the younger people to look after you for the rest of your life - in the sense that they must grow the food that you want to eat, manufacture the goods you buy and provide all the services you use. A big problem in the developed World is an ever-growing retired population, and an ever-shrinking number of working people - who keep paying more taxes per head just to keep the system going.
I have been working in the same company for over 5 years and I think it is the time for me to step down, and gives chance to the younger generation. Money is not a matter for me to consider and I just wonder what next for me in the coming years.I am below 50 and I don't know when I am going to die.......
So you've worked about 26 to 27 years. if you currently are in good health, you may well live another 30 to 40 years. Possibly even 50 years.
As for the younger generation, once you retire, then you are expecting the younger people to look after you for the rest of your life - in the sense that they must grow the food that you want to eat, manufacture the goods you buy and provide all the services you use. A big problem in the developed World is an ever-growing retired population, and an ever-shrinking number of working people - who keep paying more taxes per head just to keep the system going.
