I mentioned recently to my daughters that their dad is turning 65 and that’s a milestone age and they wanted to know why it was. So, if anyone reading this wonders the same thing here is the answer.
The age of 65 is
widely recognised as a milestone as it marks a cluster of cultural, financial,
and institutional transitions that many societies treat as a major life
threshold.
Many countries treat
65 as the traditional age of retirement, a moment associated with stepping into
the so‑called “golden years.” Even thou the retirement age has changed in many
countries; Tim can’t retire till he is 67. It was during the 19th‑century
pension systems became a thing and the age was set at 65.
In the United States
it marks eligibility for their Medicare, making it a key health‑care transition
point.
Turning
65 is also when people commonly do things like review their retirement plans,
update wills, and reassess health and lifestyle priorities. Not because of
biology, but because of history, policy, and cultural meaning.
It’s
a time when society pauses with you and says: you’ve reached a significant
chapter, in your life.
Western Europe's and Australia's life expectancy in 1950 was 66 years, so retiring before then was very sensible. But now life expectancy is going up to 78-80, many people would want to keep working.
ReplyDelete