Lessons from ‘pretirement’
Take a sabbatical to stare the reality of retirement in the face – if you can afford one
IN SINGAPORE, we treat retirement as a destination – a fixed date where the “doing” ends and the “being” begins. We are told to save, invest and wait for the clock to run out.
But the modern economy is rarely that predictable. For many, retirement will not be a choice made at 65. It will be a circumstance forced upon us much earlier.
The risk of forced exit
The hardest truth to face is that we may be forced to retire early rather than ease into it. Whether it is market fragmentation or the digital upheaval of an entire industry, the economy often decides we are redundant long before we feel finished.
TRENDING NOW
If Europe goes to war, the fallout will be felt in East Asia
Firms linked to haze pledge cooperation in meeting with Shanmugam; government to table changes to haze law
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre
