00:0065, definitely not.
00:01If it's within my physical capabilities, I would.
00:04Ideally not, I don't want to work.
00:06I want to save up money so that I don't have to work past the age of 65.
00:111 in 4 Singaporeans is projected to be aged 65 and above come 2030.
00:16To better help seniors age well in their homes and communities,
00:19Singapore is planning to scale up to 220 active ageing centres by 2025,
00:25such that 8 in 10 seniors will have one active ageing centre near their homes.
00:29Seniors, much like their younger counterparts,
00:31need outlets to keep them active and stimulated physically,
00:34mentally as well as socially to age well,
00:36with staying employed being a possible avenue for doing so.
00:40We wanted to find out what the ideal retirement life looks like for Singaporeans.
00:44Asia One recently did a survey which received 1,092 valid responses.
00:49Of the people we interviewed, more than 2 in 3 respondents
00:52wish to work at least part-time beyond 65 years old, if their health allows it.
00:57Among them, helping them stay physically active,
01:00as well as giving them a sense of purpose were the most common reasons for remaining employed.
01:04As for respondents who answered with maybe,
01:07flexible work arrangements, maintaining a stream of income and having meaning and purpose
01:11were possible motivations for them to stay employed beyond 65.
01:15For respondents that did not want to work beyond 65,
01:19not wanting any more work stress and desiring to enjoy more unscheduled time
01:23were the most common reasons for not wanting to continue working.
01:27When asked if they desired more opportunities to connect with others outside of those they live with,
01:31more than half of respondents aged 45 and above agreed to varying extents.
01:36However, outside of the workplace, only 30% of respondents aged 45 and above
01:41spent two hours or more interacting with others face-to-face on a weekend.
01:45To expand on our findings, we wanted to find out what Singaporeans thought would help them age better.
01:50I most likely will be working either a full-time job or a part-time job
01:54or intends to travel around the world more.
01:56I wanted my retirement life to be somewhere, you know, by the beach.
02:02Just like, you know, spending some time with my significant other.
02:06At home, I was spending time with my children.
02:09Financially stress-free, but I would definitely want to keep my brain working
02:14so I would think that I would have some hobby for sure.
02:18Maybe either gardening or exercising for sure, like I'm doing that now.
02:23So, I hope to keep that until, like, the day I die.
02:26I don't agree much that you stay at home after 65.
02:32If you can, possibly, healthy physically, you should come out to work to contribute to the government.
02:40I think it really depends.
02:42When we say work, like, what do we really mean?
02:45Is it something that we feel passionate about?
02:47Or is it something that we need to do because we really need the money at that point of time?
02:54Honestly, I think by 65, right, I should be retired already.
02:58Because at that point, I think, like, I already work enough
03:02and I should, like, relax and just enjoy life.
03:06Yes, if I get the opportunity to work, but I will be more likely to go back to my daughters
03:12because they're all staying in Australia.
03:14Honestly, if it's within my physical capabilities, I would.
03:18Ideally not. I don't want to work.
03:20I want to save up money so that I don't have to work past the age of 65
03:25so that, you know, I can actually enjoy much more of the world
03:28rather than, you know, having to work even more even when I'm older.
03:3265, definitely not. Absolutely not.
03:34If I were to work, it's purely out of my own choice, not because I have to.
03:39And like I mentioned before, it's because I want to keep myself, like, my brain working.
03:45I would like to connect more with people outside of work or in school
03:49because I feel like I want to have a more diverse network of friends and people.
03:56Yeah, definitely. I mean, I'm a person who loves, like, talking to people and
03:59yeah, so I think that is really important, especially when you're getting older
04:02because, like, you know, I think you tend to get more lonely when you're older.
04:06So I think having, like, you know, joining clubs or, you know,
04:11like, you know, say, like a running club or, like, a knitting club, I think like that,
04:14or like a book club, that is, like, a really good way to make new friends.
04:18Yeah, for sure, for sure.
04:19No.
04:21And too busy, too packed already. So many things to do. Yeah.
04:24Time is one, schoolwork is also another.
04:26Because I, outside of school, I don't really have time to connect with people.
04:30For me, right now, it would be lack of time because I have shift work,
04:33so I, it rotates every few weeks, so that is a little bit difficult for me right now.
04:38I think time for now, definitely, because I still, I know I'm here on a Monday.
04:44I would rather spend that time with my husband and my family.
04:48Of the people we interviewed, respondents were equally divided
04:52on whether they were open to work past 65.
04:54For respondents who were, wanting to contribute as well as being able to earn more money
04:59were the main reasons why.
05:01Respondents who desired more opportunities to connect with others outside of their work or household
05:05stated that the lack of time was the main reason stopping them from doing so.
05:09So, what do you think?
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