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 should retiremnt age increase from 55

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TStkwfriend
post Sep 22 2006, 06:02 PM, updated 20y ago

I always doubt and always something goes wrong
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today many older generation of people are getting worry that they will retire.

reason chidren are still studying just like me my dad retire and my mom next year retire

too boring at home get use to work hard to pass their time.

so in this cas should increase the age of retiment.

sources from my uncle in AUS a 65 years old man doing as fronmt office in a bank.
TStkwfriend
post Sep 22 2006, 06:45 PM

I always doubt and always something goes wrong
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QUOTE(Naota-kun @ Sep 22 2006, 06:05 PM)
at 55, if lucky, can goyang kaki anak sara liao. if not? makan EPF lor.
*
well for some parent who spend their money on kid taking out epf money to pay for college how they going have balance?
TStkwfriend
post Sep 22 2006, 10:40 PM

I always doubt and always something goes wrong
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well is pretty hard. people who found a job outside after retire found out that they cannot stand the money income they have as usaul. this statment is true from my mothers freinds. who already retire and usaul income is RM4.5k and now is only 1k. so see the diffrent?
married early sometime is usaless too because where are you going to find money to sapre to feed the kid?

business not everyone can do it because business is some kind of high involvemnt of price to pay of.

a kid minimum expenses until secondary from5 is RM100k including born the babay plus milk everything...
TStkwfriend
post Sep 25 2006, 09:13 AM

I always doubt and always something goes wrong
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i was thinking will malaysia approve more people into business and improve all business people will tis effect more people to work?
TStkwfriend
post Sep 25 2006, 07:21 PM

I always doubt and always something goes wrong
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QUOTE(dreamer101 @ Sep 25 2006, 09:35 AM)
Ah_suknat,

Do you understand that retirement age is ONLY relevant to when you can withdraw you money from EPF??  I cannot foresee a world where most of us still have a job when we are 55 years old or older!!!  In a real world with age discrimination and globalization, most of us will lose our jobs way before 55.  We probably has to start own business before then.

Dreamer
*
is pretty hard actually. business not really eyeryone can do it. if fail how where to find back a sum of money....
for some people when they are age 55 epf amount maybe only have a sum maybe 200k depend.some only 100k or less.
age 55 if can stay up to 80 then how much going to spend on simple medical and others, if have serious sickness one time treatment gone 30k how are they going to stay on?
TStkwfriend
post Sep 26 2006, 09:44 AM

I always doubt and always something goes wrong
******
Senior Member
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Joined: Jan 2003
From: Kelana Jaya , Petaling Jaya



QUOTE(dreamer101 @ Sep 25 2006, 08:29 PM)
Tkwfriend,

You are assuming that old people has a choice of staying on their job.  They probably don't.  Please remember that 67% to 75% of Malaysian are less than 35 years old.  There are a lot of younger and cheaper employees to replace older folks in Malaysia.

Dreamer
*
i understand that. just that i have many suffering. for exmaple i saw and old ex army sleeping beside road side. reason not enough money to rent a small room.i am the people who observe each and every coner...i sometime able to read what people thing when talking that timeink
TStkwfriend
post Sep 26 2006, 08:53 PM

I always doubt and always something goes wrong
******
Senior Member
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Joined: Jan 2003
From: Kelana Jaya , Petaling Jaya



QUOTE(Amanda85 @ Sep 26 2006, 12:13 PM)
ppl tends to get sick easily without work.....so juz let those oldman continue working might help to prolonged their life span...
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eh that remind me something. my granma she use to do a lots of things recenrly after she move up to kl to stay in a apartnment she nothing to do her memory start to lost keep forget what she do or eat ..even is just 10 min ago...
i have seen a old age 90 years old man he still working he can take care of himself and work like a young person.

 

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