In this episode, host Kevin Neoh explores a timely question — should retirement still be at age 60, or extend to 65 year-old, or another number?
With Malaysians living longer and carrying more financial responsibilities into later life, it’s time to rethink what retirement really means.
We take a deep dive to look at how the concept of Retirement has evolve over the years, and whether life model of “study, work, save, retire," is still a practical model for us.
You will also understand more about Malaysia’s life expectancy data, EPF savings benchmarks, and the three stages of retirement: Go-Go, Slow-Go, and No-Go, and this thing call Multi-stage Life; all these will help you to have a better conclusion on whether 60 year-old is still the fininshing line?
Tune in and discover why designing your retirement should start with your values, not just a number.
Chapters
00:00 Introduction
02:30 Let's talk about Retirement Age
03:47 The Life Model We Were Told to Follow
08:56 The Risks of Delaying Enjoyment in Life
14:05 Historical Context of Retirement Age
19:00 How Retirement Landscape Has Been Shifting on Us
19:41 How many years of life after 60?
26:39 Understanding Retirement Needs and Financial Planning
34:11 The Multi-Stage Life
38:21 Wrap-up
40:08 Looking Ahead: Designing a Life Beyond Retirement