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Age 65 - you won't have much time to enjoy the $$

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Age 65 - you won't have much time to enjoy the $$

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Old 10th Jun 2012, 15:05
  #21 (permalink)  
 
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enthusiastic
I call bull****!
British motherfcukers don't die. You ever heard of a British rock and roll star dying?
No, none of them die. Mick Jagger. Keith Richards. Those Led Zeppelin...
Them motherfcukers old as fcuk!
Fcuking Ozzy Osbourne's gonna outlive Miley Cyrus!
I have not laughed so much and so loud for too darn long time.. Fcuk th'm mofo..
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Old 10th Jun 2012, 15:11
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The intelligent here amongst us will do there own research on the actuarial relationship between early retirement and the age at death. Using that statistical data and family considerations, they will make informed decisions appropriate to their personal circumstances.

The less intelligent will throw themselves at the mercy of their employer and the conditions imposed upon them and so founder on, forget to save and invest for retirement and will probably end up dieing on the job as a result.

...but then again, some of us would be better off working until death as we don't have a real life outside of CX..?
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Old 10th Jun 2012, 17:23
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Those of you that say these numbers are bs and the study is rubbish, I challenge you to find a study that supports your arguments!

BTW, they were averages not certainties.
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Old 10th Jun 2012, 17:43
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Work till you drop and save the bother of financial planning!
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Old 10th Jun 2012, 17:52
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"by the way the way they were averages not certainties"

No **** Sherlock
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Old 10th Jun 2012, 19:49
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break_break

break_break

Are you a drinking buddy of "enthusiastic", or just another ignorant person?

That's ignorant as in crude, uncouth, ill mannered.

Whilst the sentiment was amusing, the profanities (look it up) were totally unnecessary.
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Old 10th Jun 2012, 21:42
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Sorvad-

Still waiting for your evidence to support your argument smart a$$!
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Old 11th Jun 2012, 09:08
  #28 (permalink)  
 
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Thinking it Out:

Flexible Response;

There are two things that deserve consideration when making that informed decision you mention.

(1) Take a Telomere Test. It's expensive but it wll tell you medically precisely how long you have left.

(2) Have the words " Do Not Resuscitate " tattooed on your chest. The popular trend is to have the " Do Not " in black and the " Resusitate " in red. The message must be eye catching and fully understood. I do not know if the Hippocratic Oath is a factor in this. Be interested in the opinion of others.

O.P.
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Old 11th Jun 2012, 11:07
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Very droll...

OP

That's good - I almost thought you were being serious!

STP
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Old 11th Jun 2012, 12:38
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well Billy, here's one I found after a 10 second google search..........



Early Retirement May Mean Earlier Death
By Katrina Woznicki,
Published: October 21, 2005

Reviewed by Zalman S. Agus, MD; Emeritus Professor at the University of Pennsylvania School of Medicine .

HOUSTON, Oct. 21 - Early retirement may translate into early mortality, at least for those 60 or younger, say researchers here.

In a prospective cohort study of thousands of employees who worked at Shell Oil, the investigators found that embarking on the Golden Years at age 55 doubled the risk for death before reaching age 65, compared with those who toiled beyond age 60,

Failing health might have played a role in the younger retirees' higher mortality, said Shan P. Tsai, Ph.D., an epidemiologist at Shell Health Services, according to the report in the British Medical Journal.

However, data were not available to assess directly whether poor health was a significant factor, and it is not clear why continued employment led to longer life, the researchers wrote.

Gender made a difference. The risk of dying early was 80% greater for men than for women, the researchers said.

Interestingly, the researchers discovered that during the first five years of retirement, the mortality rate for employees who retired at age 60 was similar to that of those who retired at age 65 (hazard ratio 1.06, 95% CI 0.92 to 1.22).

The notion that early retirement means less stress and a more relaxed lifestyle has fueled the belief that retiring young boosts longevity, Dr Tsai and colleagues wrote. However, these results indicate the opposite: Mortality rates improved with an older retirement age.

The study included men and women who retired at ages 55, 60, and 65 or who were actively working at ages 55 or 60 between January 1, 1973, and December 31, 2003.

In the main analysis, the researchers reviewed the survival outcomes of 839 employees who retired at age 55 and 1,929 employees who worked until age 60 and were still alive at age 65. These outcomes were compared with 900 employees who retired at 65. Women made up only about 11% of the total study population.

Overall, 137 workers who retired by age 55 died by age 65, while 98 workers who retired at age 60 died by age 65, the researchers reported. After adjusting for sex, the year the participant entered the study, and socioeconomic status, the researchers concluded that employees who retired at age 55 had almost double the mortality risk of those who continued working into their 60s (hazard ratio 1.89, 95% confidence interval 1.58 to 2.27).

Workers were divided into either high or low socioeconomic groups. Higher socioeconomic status appeared to permit earlier retirement. However, low socioeconomic status turned out to be a risk factor for workers who retired at 55. Employees in the high socioeconomic status category who retired at 55 had a 20% greater risk of dying (hazard ratio 1.21, 95% CI, 0.88-1.67), whereas poorer employees had nearly a 60% increased mortality risk (hazard ratio 1.58, 95% CI, 1.15-2.18).

Waiting until age 60 or older to retire appeared to make little difference in the risk of death. "Mortality did not differ for the first five years after retirement at 60 compared with continuing to work at 60," the researchers reported (hazard ratio 1.04, 95% CI, 0.82-1.31). And in comparing retirement at ages 60 and 65, death rates were similar, Dr. Tsai's team wrote.

Primary source: British Medical Journal
Source reference:
Tsai et al, "Age at retirement and long term survival of an industrial population: prospective cohort study," BMJ, published online Oct. 20, 2005.
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