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Why are so many people Singapore working into their 70s? https://www.bloomberg.com/news/articles/2015-01-06/what-retirement-singapore-older-workers-stay-on-the
by hackerboos 10y ago
Why are so many people Singapore working into their 70s?
https://www.bloomberg.com/news/articles/2015-01-06/what-retirement-singapore-older-workers-stay-on-the-job https://www.bloomberg.com/news/articles/2015-01-06/what-reti...
- smallnamespace 10y agoProbably because their savings were still insufficient for their needs, because they didn't get paid enough during their working years. I'm not claiming that Singapore's system solves all edge cases (no system can), just that the current scheme seems like a sane, rational compromise between total or zero freedom.