Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The article stated, " Researchers at the Tinbergen Institute of VU University Amsterdam studied the effects of a one-time policy decision in 2005 that allowed certain civil servants to retire at age 55 with benefits, versus the typical early retirement age of 61 or 62 and the full retirement age of 65." Key words appear to be: allowed and with benefits. Perhaps someone is doing a study on the affects upon those "forced to retire" early for a variety of reasons during the past 5 years, with or without immediate benefits. Downsizing still continues today.
Reply to @Old_Joe: The writer was thinking oil when he/she was typing gold. The best part was they left the mistake up for days before correcting it. Many posters including myself never let them forget it though. There were a lot of gold bugs on the site so maybe a few had barrels of gold.
Reply to @Investor: I sure hope not. A long life in good health is fine, but from the way things seem to be heading now I think that it will be a good time to check out in maybe 15 or 20 years.
Comments
Key words appear to be: allowed and with benefits.
Perhaps someone is doing a study on the affects upon those "forced to retire" early for a variety of reasons during the past 5 years, with or without immediate benefits. Downsizing still continues today.
It appears that MW still employs the same editors and proofreaders who also priced gold by the barrel a few years back. What a joke of a website.
Death and Taxes, the certain things in life.
"In this world nothing can be said to be certain, except death and taxes."
retired @55 1988. small postal pension due to
lower salary back then. good health in idaho
regards to all
Bill