Monday, December 11, 2006

Mandatory Retirement in Ont

It is not often that I agree with Peter Kormos, but his comments in this article make sense.

Having a mandatory retirement keeps the workforce vital. It helps corporations by allowing them to replace high paid workers with younger, less expensive workers.

In my case, I plan to retire earlier than 65 (about 29 years earlier :-) ) but I think the goal for governments shouldn't be forcing people to work past 65 or not work as the case may be. Governments should be educating people on how to take control of their finances while they are still in high school, so that everyone who wants to can retire when they choose to.


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