in some countries older people are being encouraged to work longer and not to retire. discuss the advantages and disadvantages of working beyond retirement age.

"The
retirement
age
is no longer fixed in many societies. As a consequence some
workers
now prefer to delay
retirement
as long as possible; others,
however
, choose to leave while they are still relatively young. There are pros and cons of prolonging work past the evacuation
age
. Some benefits can be easily identified. One clear advantage of delaying
retirement
is that it enables the maintenance of well-established routines. With
age
, regularity seems to become more important psychologically and physically. A
second
benefit is that most work provides opportunities for social contact with groups and individuals. Again,
this
is beneficial to a sense of wellbeing and usefulness.
Lastly
, working for longer enables greater
time
to build more savings for the post-
retirement
period. As living costs increase constantly, financial security is vital.
On the other hand
, working past
retirement
age
is not always a good thing. Physically, a full-
time
job can be demanding especially these days, and
workers
of
retirement
age
are starting to lose their physical strength.
Secondly
, after forty or more years of work, there is less
time
remaining to pursue those activities and trips for which there was never enough
time
. Many retired people,
for example
, undertake ambitious trips worldwide, while they are still healthy.
Finally
, staying on past
retirement
potentially robs younger
workers
of opportunities for promotion, or may prevent young
workers
from actually entering the workforce. Summing up, working past
retirement
is good for continuity of daily routines but shortens the
time
available for exciting leisure activities and pursuits during years when health problems may not yet have surfaced.” “Summing up, working past
retirement
is good for continuity of daily routines but shortens the
time
available for exciting leisure activities and pursuits during years when health problems may not yet have surfaced.”
Submitted by jaswinderkaurmahal1993 on

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Topic Vocabulary:
  • financial security
  • standard of living
  • ameliorated
  • mentoring
  • physical health
  • mental decline
  • workforce diversity
  • exacerbate
  • quality of life
  • employment opportunities
  • work-life imbalance
  • ageism
  • retirement planning
  • pension funds
  • job market dynamics
  • seniority
  • compulsory retirement age
  • productive capacity
  • intergenerational collaboration
  • mentality
  • employer attitudes
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