Qatari men prefer to retire at the age of around 40;Reason: They want to draw hefty pension witout in office,also milking income through other means(Source: Qatar National Develoment Strategy 2011-16)
Quite surprising when people in many countries demanding raising retirement age!!!!!
dahsuon wrote: "people in many countries demanding raising retirement age"
Let me correct you, it is not the "people" who are demanding that, but the governments as they spent (wasted) all the retirement fund elsewhere and the only way to manage is to increase the retirement age and hence many people would pass away before they claim retirement benefits.
Now, for Qatar, if they afford it, let them enjoy it.
Yes, wouldn't that be great? Relaxing on a beach somewhere and going on a cruise even before your hair is white. Unfortunately, the reality is that most of us still have to go to work until we are 60.
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Many Qataris are forced into early retirement , as each year a number of employees from
Different goverment entities are identified as surplus employees
While they do receive the retirement settlement, many prefer to continue working
A solid proof is the huge number of applicants at the career fair searching for jobs.
Just last week, the proposal to reduce the retirement age of Qataris from 60 to 59 has caused a huge controversy among Qataris in local media
is built on a great big bubble of natural gas can retire at what-ever age it likes.
Nations like my own (GB) that are build on a great big bubble of debt get to retire when they die,
you seems to know chancellor very well :)
Truly speaking.................
just living.....
My Assets
1 Wife 3 GF and 6 Kids
1 Hous in Australia and 1 flat at Dubai
1 Chevy Car
thats all
pls give some money as donation to me , then I will also retair at the age of 40
I believe you have enough donations to retire right now.
I plan to retire by the age of 40. No more work after 40, only indulging myself in my hobbies after that
well, they are blessed!
why not
sometimes, especially when you want to spend this time with your family and the people you love.
Qhris,
In most cases, you do need to have one but its not always necessary to fulfill it.
dahsuon wrote: "people in many countries demanding raising retirement age"
Let me correct you, it is not the "people" who are demanding that, but the governments as they spent (wasted) all the retirement fund elsewhere and the only way to manage is to increase the retirement age and hence many people would pass away before they claim retirement benefits.
Now, for Qatar, if they afford it, let them enjoy it.
Don't you have to have a job to retire?
;-)
Yes, wouldn't that be great? Relaxing on a beach somewhere and going on a cruise even before your hair is white. Unfortunately, the reality is that most of us still have to go to work until we are 60.
Qatar is not yet a conventional example of a country in many areas.
Any attempt to compare Qatar with more conventional countries (non GCC) only makes both sides to look bad!
leave Qataris alone .. its their country !! its their life style .. let thm do wht ever they want !!
Would love to do the same if circumstance permit ;)
Most of us would like to retire early.. It's just that we can't afford to :O(