The age of retirement varies by company and country, but in SA it seems to range from 58 to 65. Some companies set the age decades ago and haven’t got around to reviewing it in light of changing conditions.

As in many things, authorities globally and locally are behind the curve in taking cognisance of changing conditions, technology, lifestyles and the like. In much of the developed world, especially in the US, many continue working into their 70s and 80s. Berkshire Hathaway’s Warren Buffett, for one, turned 90 this year...

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