NEW
RETIREMENT AGE QUOTES
AT THE RETIREMENT QUOTES
CAFÉ
(A Comprehensive Collection of Retirement Age Quotes and Retirement Age Sayings about the New
Retirement Age That You Can Use for Retirement Letters, Retirement Speeches, and Retirement Cards
Selections by Ernie J. Zelinski
Author of How to Retire Happy,
Wild, and Free)
Retirement Age Quotes and Retirement Age Sayings to
Help
You Get Older and Happier a Little Each Day
The new retirement age is different today and keeps changing. In 1949 the average retirement age
for men globally was 64.3. But by 1993 the average global retirement age had fallen to a low of 62.5. These
retirement statistics come the Organisation for
Economic Co-operation and Development which analyzed retirement ages in 30 countries that have national
retirement plans.
Today the new retirement age is 63 at which private-sector employees with full-time work in an
uninterruped career can first draw retirement income and other retirement benefits from
the respective national pension schemes without any penalties or reducions. The estimate is the average
retirement age will rise to 64.6 by 2050. In any event, be happy to retire — because you are
a long time dead!
You likely have heard the phrase "40 is the new 30?" Well, 69 is the new 65 when it comes
to the new retirement age.
According to a recent retirement survey by SunAmerica Financial Group, Americans are planning to
work well beyond the once magical age of 65 as the retirement age. Pre-retirees told Sun America that they now
intend to delay retirement by five years from the prior retirement age of 64 to the new retirement age of
69.
This is due in part to an increasing life expectancy, as well as by retirement assets lost
during the recession.
Having a retirement job has increasingly
become an important part of the new retirement. Many Americans are realizing that funding 20 or 30 years of
retirement without having some sort of retirement job is increasingly difficult.
Indeed, 65 percent of American pre-retiree baby boomers indicate that they would ideally like to
include some sort of retirement work in their later years. In fact 77 percent of Baby boomers aged 55–64
say that the ideal retirement includes a retirement job of some typeversus 56 percent of those over 65.
According to a study by RBC about the realities of retirement and what age Canadians retire at,
many Canadians do not retire on a date of their own choosing. Some 83 percent of baby boomers still not retired
over 50 believe they will retire on the date that they choose. In fact, 41 percent of Canadian retirees reported
that their retirement date was unplanned due to their employer making it for them or health issues.
The study also revealed that more and more Canadians are living in retirement with debt and have
to come out of retirement into a retirement job because they need more income to sustain themselves.
Aging and Retirement age is also why
the American Social Security
system is in trouble. In 1935, when the Social Security Act was passed by the U.S. Congress, the new law signed
by President Roosevelt established a national retirement age of 65. At that age, Americans could begin receiving
Social Security benefits. This, in part, essentially set the psychological “retirement” age in the minds of
future generations of Americans.
The average American lifespan was 61.7 years in 1935, however. An individual had to exceed the
average American lifespan by more than three years to begin receiving Social Security benefits.
But the “retirement age” set by Social Security today is still 65 whereas the average American
lifespan is 78 years and continuing to rise.
In other words, the national retirement age of 65 has remained unchanged for 75 years, but
the lifespan of the average American has gone up by 16 years. No wonder Social Security is in trouble.
Even so, the Social Security website advises that regardless of what a
person's retirement age is, which they also call normal
retirement age, an individual can start receiving Social Security benefits as early as age 62 or as
late as age 70. If the individual retires early he or she can retire at any time between age
62 and full retirement age (normal retirement age also known as NRA). If the individuals starts
S.S. benefits early, however, the benefits are reduced to a fraction of a percent for each month
before his or her full retirement age.
Here are the details: Americans can begin collecting Social Security retirement
benefits at 62 but the monthly benefit amount is reduced by approximately 30 percent. The percentage
of reduction decreases Each year that Social Security retirement benefits are delayed, until age
67. As previously indicated, this is considered the NRA for Americans born after 1954.
In short, the longer an individual waits to start collecting his or her Social
Security benefits, the larger the monthly check will be. If the individual waits until age 70,
benefits are almost nearly a third more.
First Top-Ten List of Retirement Age
Quotes
Number 1 Quote of First
Top-Ten List of Retirement Age Quotes
The two most dangerous years of your life are the year you are born and the year you
retire.
— Liz Davidson
Number 2 Quote of First Top-Ten List of Retirement Age
Quotes
If working is the new retirement, then try telling that to the French, who
last autumn took to the streets to angrily protest plans to raise the retirement age from 60 to 62. And in the
U.S., efforts to raise the Social Security age and keep people working longer is seen as a very tough — though
perhaps, inevitable — sell.
— Jeff Schlegel, writing in FA-mag.com, The Coming Retirement Wave
Number 3 Quote of First Top-Ten List of Retirement Age
Quotes
Growing old is compulsory. Retirement from work is discretionary.
— Anonymous wise person
Number 4 Quote of First Top-Ten List of Retirement Age
Quotes
Retirement Age? For Many, It'll Be 80
— headline on Smart Money Website
Number 5 Quote of First Top-Ten List of Retirement Age
Quotes
The Ideal Retirement Age: Any age that you can marry a rich woman and
have her take care of you.
— Dave Erhard
Number 6 Quote of First Top-Ten List of Retirement Age
Quotes
We've put more effort into helping folks reach retirement age than into helping
them enjoy it.
— Unknown wise person
Number 7 Quote of First Top-Ten List of Retirement Age
Quotes
The great thing about show business is that there's no mandatory retirement age.
— Scott Bakula
Number 8 Quote of First Top-Ten List of Retirement Age
Quotes
Retirement? You have to be kidding! Only one generation of Americans was ever fortunate
enough to have this luxury. The rest of us [North Americans] will probably die in a Walmart parking lot while
on duty [working in a retirement job].
— Unknown wise person commenting about an article about retirement
Number 9 Quote of First Top-Ten List of Retirement Age
Quotes
Don't retire until all your major debts are paid off, like your mortgage and credit cards.
And buy a new car a few years before you retire, with a warranty that continues a few years after you
retire.
— Mike Grenby, Financial Advisor and Author of Many Money Books
Number 10 Quote of First Top-Ten List
of Retirement Age Quotes
Retirement age never comes out as planned.
— Erhard's Law
Second Top-Ten List of Retirement
Quotations
#1 Quotation of Second Top-10 List of
Retirement Age Sayings
The idea is to retire young, with as much money as possible.
— Dave Erhard
#2 Quotation of Second Top-10 List of
Retirement Age Sayings
I retired for health reasons and not age reasons — my company was sick of me and I was sick
of them.
— Unknown wise person
#3 Quotation of Second Top-10 List of
Retirement Age Sayings
The right retirement age is a young age so that I have enough time to spend all of my kids'
inheritance before I die!
— Unknown wise person
#4 Quotation of Second Top-10
List of Retirement Age Sayings
Regardless of what retirement age they go at, with some people, it's going to be mighty hard
to tell the difference whether they left or not.
— Unknown wise person
#5 Quotation of Second Top-10 List of
Retirement Age Sayings
Retirement [age] at sixty-five is ridiculous. When I was sixty-five, I still had
pimples.
— George Burns
#6 Quotation of Second Top-10 List of
Retirement Age Sayings
May brooks and trees and singing hills
Join in the chorus too,
And every gentle wind that blows
Send happiness to you.
— Irish Blessing
#7 Quotation of Second Top-10 List of
Retirement Age Sayings
Youth has the disadvantage of inexperience; retirement age has the disadvantage of youth's
inaction.
— Unknown Retirement Planning Advisor
#8 Quotation of Second Top-10
List of Retirement Age Sayings
Exactly 45.79 percent of statistics about the
age at which people retire are not as accurate as they are deemed to be.
— Unknown retired person
#9 Quotation of Second Top-10 List of
Retirement Age Sayings
Retirement at 65? It's the new 45!
— headline on Christian Science Monitor Website
#10 Quotation of Second Top-10
List of Retirement Age Sayings
Age-based retirement arbitrarily severs productive persons from their livelihood,
squanders their talents, scars their health, strains an already overburdened Social Security system, and drives many elderly people into poverty and
despair. Ageism is as odious as racism and sexism.
— Norman Vincent Peale
More Retirement
Age Quotes
Retirement: When you stop lying about your age and start lying
around the house.
— Unknown wise person
Working through one’s 60s and 70s isn’t appealing or feasible for everyone,
and in many ways it’s easier to do for individuals in the creative and
knowledge-based industries. But for the most part, human beings need to be engaged with something to stimulate
them or keep them out of trouble. A retirement built around sitting on one’s keister is neither physically nor
financially healthy.
— Jeff Schlegel, writing in FA-mag.com, The Coming Retirement Wave
Retirement is the beginning of life — not the end.
— from How
to Retire Happy, Wild, and Free
Purchase
How to Retire Happy, Wild, and Free (The
World's Best Retirement Book) through these direct links:
I'm in favor of a higher retirement age, but there will need to be a change in attitude
among employers who won't keep or hire people over 60. If 60 is the new 40, that news hasn't yet reached the
corporate HR departments.
— "NixDebt" pen name of someone commenting on an article called "The New Retirement Age"
Americans in particular will face a new type of retirement. Forty years ago, when you were
going into retirement, you had the entire staff of your company with pension plans, you had all the social
security work administration work included, you had Medicare working for you in the U.S.A. Now you retire and
you've got nothing. Here, you better either have a lot of kids or a lot of savings by the time you get old.
Americans are going to have to work harder for the stuff they're going to get. It's a rebalancing of the global
economy.
— Steve Wood, North American chief market strategist for Russell Investments, October 2011
When the majority of people get my age, once they retire and get Social
Security they lay on the couch and do nothing. The next thing you know, they're not with us any more.
— 77-year-old Retiree August Gonsoulin
Retirement: When you have given so much of yourself to the company that you don't have
anything left that the company can use.
— Author Unknown
Have you ever heard an author who retired? Of course not. People who retire are retiring
from something. A job they did not enjoy. I always wonder how long they endured a job that wasn't fun. Year
after year, they continued in the job they didn't like and wished they could escape. Authors have a job they
love. If they are introverted, they can stay home and write. If they are extroverted, they can get out and
promote their work. They are self-employed and they have a choice. According to Forbes magazine 87 percent of
the employed in the United States hate their jobs.
Could it be that the remaining 13 percent are authors?
— Dan Poynter, The Book Futurist
If you have the time, you won't have the money. If you have the money, you won't have
the time.
— Wolter's Law
Lord Tyrawley and I have been dead these two years, but we don't choose to have it
known.
— Lord Chesterfield
Interestingly, according to a 2011 retirement study by Fidelity.
• One-third of couples don't agree or don't know where they plan to retire.
• Two-thirds of couples don't agree on their planned retirement ages.
• Almost half of American couples don't agree on whether they will continue to work in some
part-time retirement job.
Here Is
Great Retirement Age News for You!
A much happier you and a more satisfying lifestyle are
just around the corner. This is your chance to live the life of retirement that many people miss out
on.
Not 20 years from
now!
N O W
!
Retire too early instead of too late! It
is a mistake to retire too late in life because you don’t get another chance to do it
right!
Retirement is a double-edged
sword. You either make it work for you — or it will
cut your happiness in half. The more you know about the secrets to a successful retirement, the happier
you will be once you retire.
If you have ever longed to have more,
to experience more, to BE MORE in retirement — than you have ever been any other time in your life —
then
How to Retire Happy, Wild, and Free gives you all the information you will ever need.
- 425,000 Copies Sold Worldwide
- Published in 9 Foreign Languages
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RETIREMENT QUOTES CAFE WEBSITE COPYRIGHT © 2022
by Ernie J. Zelinski — All
Rights Reserved
Author of The World's Best Retirement
Book
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