Keep working to 70
Would you work until you are 70?
THE dream of spending life’s twilight years relaxing could be dashed if the retirement age is lifted.
There is ongoing speculation the Abbott government will raise the retirement age from 67 to 70.
While the government is yet to confirm specific changes, the pressure is on to find savings in the budget.
Treasurer Joe Hockey said raising the pension age was worthy of consideration and predicted government spending on the age pension would increase to $93 billion by 2030.
The change could come into effect from 2029 and affect every worker born since 1959.
John Burns works as a linesman and said he would have to be extremely fit to continue doing his job at 70.
Barry Gleich I couldn't. Who is going to employ you? All your good energy is gone.
He would like to remain active until he is 70, but dreaded the thought of still being at work.
“I’m 52 and I’ve just
Steph Wagner It depends a lot on what job you had; a labourer couldn't work to 70.
noticed that when I do a hard day’s work, aches and pains are starting to come out,” he said.
“Imagine me climbing
Donna McInally Yes, I would be happy to work until 70. I really enjoy what I do.
poles at 70, putting the ladder up and then climbing it and putting wires up and great big cross arms — I don’t
Kim Mundt I don't particularly want to, but if I don't have a choice I will do it.
freaking think so.”
Mr Burns said it would be different if someone was working in an office or in a less physical job.