I have the same kind of suspicion too. We are talking about
recovery but we have not seen any real improvement in business and
employment. Those who are jobless at the age of 50 are not likely
of getting another job and are all waiting for the release of their
CPF money to get on with life. Retirement age extended to 62 will
just mean they are not getting their CPF till later.
It is not whether we can work or want to work after 55, it is
whether there will be jobs there for us. we are not MM or anywhere
near.
sigh......when one gets old, he is further away from the reality of
an ordinary life, regardless of how capable he is.
