I'm 66, but don't put me out to pasture yet

Studies show that older people can make good entrepreneurs

The fact that Singapore will be raising its official retirement age from 62 is good news indeed.

Clearly, the realisation has set in among policymakers that there are too many downsides to allowing the human capital of so many potentially productive seniors to go to waste, especially with health-adjusted life expectancy high in Singapore and the economy moving away from occupations that are physically demanding.

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A version of this article appeared in the print edition of The Straits Times on April 09, 2019, with the headline 'I'm 66, but don't put me out to pasture yet'. Print Edition | Subscribe