Originally Posted by
RockyBoy
I think everyone knew guys would stay past 60. The big question is what would they do at 62.5 which is when if makes sense to bail out with regards to retirement accounts, Medicare, etc. I think we will see alot more guys start leaving between 62.5 and 65. If the market would rebound a little more that number would go even higher....I think that is what is keeping guys around. Nobody want's to leave when all their investments are still down.
I'm not going to get into what people thought or didn't think about retirements.....
I think most guys are going to stay until close to 65. Why? They are healthy, the job isn't too hard, by the time you're in your 60s you're senior - how hard is the job anyway for a senior guy? He can already drop any trips s/he wants, and because they are senior, they are good trips others will pick up.
Guys are turning 63 next month, I don't see much in the way of a wave of retirements in the last month or two. I'm all for guys staying or leaving - it's their choice and I can't say what I'd do when I turn 60 either, I'm a long way from that.
For my peace of mind, I assume everyone is staying until 65.