Sachin Tendulkar Retires …

17 Nov

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Yesterday, Sachin Tendulkar, the God of Cricket Retired. He saluted the pitch which provided him with almost everything, most importantly money / food / fame, for the past 24 years.  Now he has the well earned luxury of doing whatever he wants to do, watch-the-paint-dry, watch-his-children-grow, cook, commentate, whateverelse.

But for the rest of us who are the same age the question is will we ever be able to afford retirement.  Even the so called well paid “techies” or “software engineers” – can we ever retire?  Or will we be the followers of the poster boy of working for ever Amitabh Bachchan?  Even if we are willing to work will we have the jobs considering there is a rising number of senior (i.e., age 40+) engineers being forced into retirement.  They do not get jobs may be because their skills are now outdated and the employer is unwilling to invest in retraining them; may be they have become set in their ways and need mentoring to break the mould; may be they are willing to take lower-lever or lesser-paying positions but none are being offered to them … These are the ones who have nobody to champion their cause – no trade unions, no politicians, nobody!

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There is also the insecurity of the savings corpus being insufficient considering the ever rising inflation, longevity and health care costs.  This is the curse of India’s GenX.

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