Behavioural Sciences

Retirement means stopping work for good, right? Perhaps not

Thongdee Saenghow, a 62-year-old production supervisor, works at a rice vermicelli factory outside Bangkok, Thailand, February 5, 2016. The World Bank estimates the working-age population will shrink by 11 percent by 2040, the fastest contraction among Southeast Asia's developing countries. Thailand's stage of economic development, the rising cost of living and education, and a population waiting longer to get married are among the reasons it is ageing more quickly than its neighbours. An effective contraception programme in the 1970s also played a part, said Sutayut Osornprasop, a human development specialist at the World Bank in Thailand. Picture taken February 5, 2016. REUTERS/Jorge Silva  - RTX269TE

The 30-year career span doesn’t make sense anymore. Image: REUTERS/Jorge Silva

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