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On air: Are you afraid of getting old?

Krupa Thakrar Padhy Krupa Thakrar Padhy | 11:05 UK time, Tuesday, 14 September 2010

This topic was discussed on World Have Your Say on 14 September 2010. Listen to the programme.

Update: Today is retirement and pensions day at the ´óÏó´«Ã½, across TV, radio and online. Here's more on the special coverage.


We've been meaning to discuss retirement for a number of months now, so today might be the day. There have been an endless number of global news stories related to retirement recently and we explain a bit more about them in the post below.Ìý


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Update 7 Sep 10: It's an issue that doesn't seem to go away. France is the latest country that plans to raise the retirement age. Today the country is facing as a major 24-hour-strike takes place.

As Krupa wrote about earlier retirement is growing problem with some commentators calling it a "demographic time bomb."

You can read her original post below....

...No more monday mornings, a glass of fine wine and a life in the sun might be all you want when you hit your sixties. But If the global retirement trend is anything to go by, you may be waiting a bit longer to live your life of leisure. Hundreds of thousands of French workers are striking against government plans to , following .

In the UK, there's talk of the retirement age reaching 70 to link .Ìý

A low retirement age was one of the factors blamed for the and it looks like austerity measures in  are also pushing up the age at which you can receive a state pension.

While the , Uganda's President is hoping to for civil service jobs (teachers, doctors, police officers to name a few) in order to make jobs available for the younger generation. Uganda's opposition youth members however feel that the proposed legislation will not solve the country's . The

A is calling on his government to increase his country's retirement age to beyond 60 in order to reduce poverty, whilst is writing his colleagues to ask that the retirement age in the medical colleges be raised. And in Australia it's looking like the increase.

This article says we should follow and raise the retirement age, but are we prepared for a longer working life?

,

'´óÏó´«Ã½force is about to get older. This will have many ramifications in learning and talent management. There will be fewer high-paying positions available for young people entering the workforce. Older workers will need to embrace lifelong learning or will face the possibility of obsolescence; pushed out of the workforce before they are financially prepared to leave.'

The Richard's concern

'..governments must address their demographic time bombs sooner rather than later. Not only to get their fiscal houses in order, but to re-adjust retirement expectations. A later retirement age, indexed to life-expectancy, should be part of any plan. '

Some people and others are when they'd like to keep on working. Is retirement now ? Should older workers be forced to continue to work if it helps the economy? Or should they be forced to retire in order to make way for younger employees? Should we be able to decide when we retire?


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