I started my last job before retirement a few months before I turned 50. I had been downsized from the previous job, and retiring at age 50 was not an option. I worked in that last job for 14 years before I decided I really could retire a couple months before age 64. I waited till I was 65 to collect Social Security.
48 is a good retirement age if he wants to sit on the curb and beg! He certainly shouldn't get paid though. We have a lot of Chinese friends and they are forced to retire early over there. I retired at 66 and I didn't want to retire before then, however, I also wouldn't want to go back or have worked any longer.
Do CEO's actually work for their money to begin with? Doesn't seem like it, overpaid office candy.
I wonder if this was one of a group of CEOs who recently said that the retirement age should be raised to 70 for Social Security and Medicare? The workers should keep working but CEOs should retire at 48. The obscene amounts of compensation for CEOs is exceeded only by their greed and hypocricy.
If I was a billionaire at 48 I would have been retired sooner than that.
Other CEOs are pushing retirement age to 70 including themselves, TV, computer games, facebook, twitter addicts; ipod users, causes people become too lazy to go to work, it's goin' down. Sorry CEOs your going down with half pay cuts or **** parachute packages; it's a new tread now.
Thank you, WalMart shoppers for making this possible.
Brilliant business move. Will keep the company innovative and in touch with what's now. After about 40 you really don't care what new and trendy.
You aren't in the real world. I'm 79 and I keep up with it all. Get a life.
ET call home.