Wednesday, March 03, 2010

5,331 days to Retirement - or is it?


There is much in the news today (see Irish Times article) about the retirement age being increased from 65 to 68 over the next few years. I visited the Time and Date website to calculate how much time is left until my retirement age at 65 -  as of writing this post, I have 5,331 days, 2 hours, 14 minutes and 54 seconds until Monday, 7 October 2024

The Government plans to introduce the increased retirement age on a phased basis - 66 years of age in 2014, 67 in 2021, and 68 in 2028. This means that my retirement party (to which you are all invited) will not now take place on 7th October, 2024 as planned - but on 7th October 2026, when I will be 67 years young. The same Irish Times article above states that the average life expectancy was 76 for men. This means that I can expect to have 9 years of retirement instead of 11 - damn and blast! I'll just have to live two years longer to get my own back on the Government.

There is of course an issue for education. As a Lecturer in Computing the digital divide between my students and myself will widen even further. Assuming that I will be in the same job for the next 16 and a bit years, it is possible that I could be 50 years older than some of my future students in 2026. Old enough to be their Grandfather! It's also quite amusing to think that most of those students are in nappies right now!

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