Saturday, 15 January 2011

retire Early


Retire  Early ? No way !

That is what Indians seem to be saying.

French insurer Axa Life Insurance asked workers in many countries, what should be the ideal retirement age. Here are some answers :

Ø   India  …………………………….    61 years ( from current 58 years )

Ø   Hong Kong / Indonesia …… 55  years

Ø   China  ………………………………  54  years

Apparently, residents of Hong Kong seem to be most assured about their post-retirement income, with 55 % of them availing of early retirement and a mere 17 % working till normal retirement age !

Compare this with 70 % of the Indians, who continue to work till their normal retirement age.

And that applies to only 10 % of the 460 million Indians who work in the “ organized sector “.

Balance 90 % of Indian workers don’t even know the concept of “ retirement “ ! Happily or unhappily, they start working as a 5 year old child and continue till grave !

With regards

hemen  parekh


Jobs  for  All  =  Peace  on  Earth


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