Quote:
Originally Posted by Uncled
True la, but maybe the key is to redefine retirement- that ppl can still be contributing but don't need to chiong so hard just for survival. At least that's my own goal for now, trying to spend lesser or within budget.
The government should aim to move to that level, closer to the Scandinavian countries model
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Which the gov is doing by increasing retirement age. Chiong or not is technically up to you. You can find a less stressful job like security guard in your twilight years, if that's what you want.
I would avoid scandinavian model because their model involves taxing the young and productive to the max (up to 50% tax rate) to subsidize the older folks. This would cause the ypunger folks to just leave and seek employment elsewhere