Retirement comes too soon, but it is not the end of your life

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 92%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Retirement age is not law but companies’ policy, and many people are at the peak of their lives. So prepare for this new, productive phase

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.A protirement life well-managed can encompass a new career, or hobby that draws on the many years of experience, expertise and wisdom acquired in the first phase of one’s life. And it doesn’t have to end there.

Retiring from work is a fact of life and usually this happens at 65 years of age. But there is no legislation that compels people to retire at this age. Rather this is determined by employment contracts and company policy. There are many cases where people, particularly in private companies, work beyond the age of 65 years. There are also many cases where employees decide to take early retirement. So the guidelines are not legislatively prescribed.

Reaching one’s elder years can be both a blessing and a curse depending on individual readiness and societal perspectives. For some it’s a chance to enjoy the sweetness of having more leisure time and pursuing life goals that have been shelved for a long time, and for others it’s a period of aimlessness, deprivation and loneliness. But there’s a third alternative, an opportunity to begin “protirement”. This is the chance to transition into a new, productive and more meaningful phase of life.

But this should be more than just a play on words, and must entail a cognitive and behavioural shift to embrace a new phase of life in a positive, productive way.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Navigating retirement: Key financial decisions for a secure retirement futureThere are many crucial decisions that need to be made at retirement, many of which are interconnected and have bearing on your financial future.
Source: Moneyweb - 🏆 5. / 77 Read more »

Two-pot retirement system: these are the risksIf you withdraw some of your retirement savings in the two-pot retirement system before retirement, you will have less money to retire on.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Hazard: Why I turned down MLS for retirementHazard: Why I turned down MLS for retirement
Source: KickOffMagazine - 🏆 36. / 51 Read more »

Two-pot retirement system: Advice can prevent you walking off financial cliffToday’s retirement landscape, with the two-pot retirement system coming, is too complicated to go it alone and retire blind.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

BREAKING: Kaizer Chiefs legend finally announces retirement?A former Kaizer Chiefs and Bafana Bafana darling who still harboured ambition on finding a new club may have accepted his fate off the field.
Source: TheSAnews - 🏆 25. / 59 Read more »

Former Pirates star to feature in legends' team, retirement beckoning?Former Pirates star to feature in legends' team, retirement beckoning?
Source: KickOffMagazine - 🏆 36. / 51 Read more »