Early retirement is a very controversial issue and people hold quite different opinion on it. Following are many factors and upsides in early retirement.
There are many factors supporting people made to retire. It is directly influenced by people are increasingly over 55 to 65 years old. As far as employment is concerned, early retirement boosts the efficiency and the effectiveness of workforce, even creates much more jobs opportunity. Second of the factors, in this age and day, it is definitely companies should promote that is the development of the new idea and original direction, while the previous idea from old employees must be ruled out. What factors have been stated above, which is based on if they are made to retire.
Age alone is no guarantee of ability. The most benefit is that retiring early gives youths a several chances to perform; this is not only benefiting to company, but also inspire the new generation. To the young group, young people have more stage to show to company how important they are. However, resolving company’s financial burden is also an advantage for early retirement, for instance, when employees have reached a certain age, whose company have to consider their salary budget, sometimes the company will suffer serious financial strain and struggle with operating costs. Furthermore, when new members go up, what will raise old one awareness of competition. Hence, competition promotes the company communication and individual interaction between fresh one and old one.
To sum up, I insist that people are made to retire when they become too old, which will benefit people and economy.