In a world that is full of economic uncertainties, one can never know for certain how much money they would need in order to retire early and still live comfortably, but financial experts now say that there is a number that can be calculated, which can take you close. The FIRE (financial-independence-retire-early) number is a concrete figure that can tell one the amount of money that they would need, if they were to leave their job right now and retire.
Retirement — a word dreaded by many. What does one do when they retire, is a thought not many ask while they are still active in service. Should one leave the inevitable of life as a postscript, or does one make serious plans so that their transition into a retired life is a smooth one?
Leader of the House and Prime Minister Sheikh Hasina says her government has no plan right now to raise further the retirement age in the government service.
The cabinet yesterday rejected a proposal to raise the retirement age of freedom fighters in public service to 65 years from the existing 60.
The Cabinet turns down a proposal of the Liberation War Affairs Ministry to raise the retirement age limit of freedom fighter public servants to 65 years from the existing 60 years.
Supreme Court upholds a High Court verdict that directed the authorities concerned to place before the cabinet a proposal in 60 days to increase the retirement age of freedom fighters in public service to 65 years from 57 years.