Pros and cons of retiring beyond 60 years old

THE extension of the mandatory retirement age in Malaysia has been a subject of continuous debate with many pros and cons for several years now. But with the prevailing economic situation, taking care of those entering the job market remains a crucial issue.

There is a host of positives to retiring at 60 or below. From the personnel/employee’s perspective, this may include more freedom, opportunities to travel, more time to devote to family and loved ones, improved health or a chance to start a business venture that one is enthusiastic about.