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Showing posts with label retire. Show all posts
Showing posts with label retire. Show all posts

Wednesday 31 January 2024

Why You Should Never Retire

From The Economist

In an episode of “The Sopranos”, a popular television series which started airing in the 1990s, a gangster tells Tony, from the titular family, that he wants to retire. “What are you, a hockey player?” Tony snaps back. Non-fictional non-criminals who are considering an end to their working lives need not worry about broken fingers or other bodily harm. But they must still contend with other potentially painful losses: of income, purpose or, most poignantly, relevance.

Some simply won’t quit. Giorgio Armani refuses to relinquish his role as chief executive of his fashion house at the age of 89. Being Italy’s second-richest man has not dampened his work ethic. Charlie Munger, Warren Buffett’s sidekick at Berkshire Hathaway, worked for the investment powerhouse until he died late last year at the age of 99. Mr Buffett himself is going strong at 93.

People like Messrs Armani, Buffett or Munger are exceptional. But in remaining professionally active into what would historically be considered dotage, they are not unique. One poll this year found that almost one in three Americans say they may never retire. The majority of the nevers said they could not afford to give up a full-time job, especially when inflation was eating into an already measly Social Security cheque. But suppose you are one of the lucky ones who can choose to step aside. Should you do it?

The arc of corporate life used to be predictable. You made your way up the career ladder, acquiring more prestige and bigger salaries at every step. Then, in your early 60s, there was a Friday-afternoon retirement party, maybe a gold watch, and that was that. The next day the world of meetings, objectives, tasks and other busyness faded. If you were moderately restless, you could play bridge or help out with the grandchildren. If you weren’t, there were crossword puzzles, tv and a blanket.

Although intellectual stimulation tends to keep depression and cognitive impairment at bay, many professionals in the technology sector retire at the earliest recommended date to make space for the younger generation, conceding it would be unrealistic to maintain their edge in the field. Still, to step down means to leave centre stage—leisure gives you all the time in the world but tends to marginalise you as you are no longer in the game.

Things have changed. Lifespans are getting longer. It is true that although the post-retirement, twilight years are stretching, they do not have to lead to boredom or to a life devoid of meaning. Once you retire after 32 years as a lawyer at the World Bank, you can begin to split your time between photography and scrounging flea markets for a collection of Americana. You don’t have to miss your job or suffer from a lack of purpose. If you are no longer head of the hospital, you can join Médecins Sans Frontières for occasional stints, teach or help out at your local clinic. Self-worth and personal growth can derive from many places, including non-profit work or mentoring others on how to set up a business.

But can anything truly replace the framework and buzz of being part of the action? You can have a packed diary devoid of deadlines, meetings and spreadsheets and flourish as a consumer of theatre matinees, art exhibitions and badminton lessons. Hobbies are all well and good for many. But for the extremely driven, they can feel pointless and even slightly embarrassing.

That is because there is depth in being useful. And excitement, even in significantly lower doses than are typical earlier in a career, can act as an anti-ageing serum. Whenever Mr Armani is told to retire and enjoy the fruits of his labour, he replies “absolutely not”. Instead he is clearly energised by being involved in the running of the business day to day, signing off on every design, document and figure.

In “Seinfeld”, another television show of the 1990s, Jerry goes to visit his parents, middle-class Americans who moved to Florida when they retired, having dinner in the afternoon. “I’m not force-feeding myself a steak at 4.30 just to save a couple of bucks!” Jerry protests. When this guest Bartleby entered the job market, she assumed that when the day came she too would be a pensioner in a pastel-coloured shirt opting for the “early-bird special”. A quarter of a century on, your 48-year-old columnist hopes to be writing for The Economist decades from now, even if she trundles to her interviews supported by a Zimmer frame; Mr Seinfeld is still going strong at 69, after all. But ask her again in 21 years
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Monday 26 April 2021

CamKerala3 starts 2021 cricket pre-season with wins

by Girish Menon

The pre-season games played by (CamKerala 3) CK3 on 25 April and 17 April resulted in three wins: one a close 2 run defeat of CK2 and two bigger wins over CK1 and Reach CC’s Sunday 11.

The games on 17 April saw CK3 usurp the title of CamKerala champions after beating CK2 in a qualifier before defeating CK1 in the finals. The prevalent hierarchy in CamKerala was shattered and left the defeated teams thirsting for an urgent rematch to restore what they believe is a 'natural'  pecking order.

Yesterday saw a rather one sided game in the fields of Reach a village 12 miles east of Cambridge. This hitherto 'open toilet' ground now has its own eco-toilet (not usable though!) hence CK3 players continued to discharge water in the open.

CK3 won the toss and scored over 230 runs in a 35 over game. CK3s cricketers with tennis ball training led the way with a flurry of 4s and 6s. Captain Saheer retired after preventing what could have been a collapse and the tail wagged so much that Martin could not get a bat. This led to the revival of the contentious issue whether batsmen should retire after facing a certain number of deliveries.

When CK3 bowled, Saheer set an umbrella field previously seen only when Lillee and Thomson used to bowl way back in the 1970s. There were nearly 3 slips and a gully to Jithin’s good pace and bounce and this writer dropped two chances behind the wicket. When Martin bowled his field was short point, short cover, silly mid off… and Sharad caught two batters at short point off Martin’s ‘moonballs’. Then there was a procession of batters and the match ended 15 overs before time.

The pitch had high bounce and deviation on most deliveries whilst some deliveries crept along the ground giving this writer tremendous difficulty behind the sticks. The match ended with one CK3 player locked out of his car and three team mates with fuel running on reserve wondering whether they would make it to the nearest petrol station without trouble.

There was a lot of laughter and merriment while CK3 bowled which I hope will continue for the rest of the season.

Wednesday 8 November 2017

Ex-cricketers are candidates for post traumatic stress disorder

Suresh Menon in The Hindu



It is that time again — when a long-serving, much-respected cricketer has questions thrown at him, which, in summary is: isn’t it time to retire, buddy?

Years ago, Anil Kumble’s young son wore a T-shirt with the legend: It’s time to call it a day. It probably referred to his bed time, but those who saw it couldn’t help thinking it was a gentle reminder for his father, who, however, was smart enough to pick his time of departure.

Mahendra Singh Dhoni, who has quit Tests, is now being questioned over his relevance to the white-ball format. He would like to play the 2019 World Cup — and has the support of national coach Ravi Shastri — but spirit and flesh aren’t always in consonance towards the end of a sporting career.

Sport is a wonderful servant when you are young and fit. It will joyfully carry you to the top, unmindful of your occasional mistakes, with the promise that whatever happens there is always tomorrow. But it’s a terrible master as you grow older, demanding, unforgiving of lapses, reminding you constantly that your tomorrows will never match your yesterdays.

Ageing cricketers make a pact with time: let me make one more century, bowl my country to one more win; it doesn’t matter if the century is unrecognisable from the one I made ten years ago or if my bowling lacks bite. Just once more, and in gratitude I promise to quit.

But few players keep their end of the deal. Kapil Dev was carried around in the end like a grandmother everybody had to be kind to because she was responsible for all the family wealth. His goal? Richard Hadlee’s then world record 431 Test wickets. When past admiration combines with present pity, it is not a pretty picture.

When Brian Lara retired, he asked his fans, “Did I entertain?” For the average fan, it is impossible to understand or even imagine the feelings of a national hero, who once played as if there was no tomorrow but suddenly realises that there might not be a today even. I think it was Hemingway who said retirement is the ugliest word in the language.

Can you go easily from playing the world’s fastest bowlers, guiding your country to victories, having a whole stadium, perhaps a whole nation chanting your name, and being, to quote John Lennon, “more popular than Jesus Christ”, to an ordinary life of buying groceries and and attending PTA meetings while watching someone else’s name being chanted nation-wide? If you think about it, ex-cricketers are prime candidates for post traumatic stress disorder.
This, despite the easy familiarity which cricketers develop with the big issues that are usually pushed into the back of the mind. Cricket — in fact, all sport — prepares us for loss, failure, even death. A batsman dies symbolically every time he loses his wicket. Yet, there is always another innings, another match, another year which converts apparent finality into something temporary, something one gets over in time.

Retirement is different. The finality is final. Only so many ex-players can coach, commentate, write or get into administration to maintain their connection with the game. Others are pulled out of obscurity on special occasions, like the World Cup. Till 2011, players who had won India the 1983 World Cup were featured in the media every four years. Now they will have to share the spotlight with the Class of 2011, if at all.

Retirement can be traumatic. Few teams invest in a system that makes the player’s transition smoother and more natural. For most players, cricket is the only thing they know, and when that is gone from their lives, the void can be difficult to fill. Some fill it with alcohol.

There is an organised system which prepares a gifted youngster to play for India. He is given technical, temperamental, tactical, strategic guidance as he graduates through the age-group tournaments. And then, in the early or mid-twenties, he plays for the country. It is the start of a wonderful ride.

If he is good enough, he plays on for a decade and a half, or more. But there is no similar organised system at the other end of his career. Unlike a couple of generations ago, today money is no longer a problem. But relevance is, self-esteem is, acceptance is. It is difficult to walk into a room and realise that you no longer turn heads. You might still sign autographs, but then might have to answer a young fan’s devastating question: “What’s your name?”

Some are happy to leave, to put the training and discipline behind them. Steve Redgrave, multiple gold winning British rower once finished with, said “I’ve had it. If anyone sees me near a boat they can shoot me.” But the more common feeling was expressed by the US jockey Eddie Arcaro: “When a jockey retires, he becomes just another little man.”

Dhoni is capable of walking away without looking back. He has other passions. But till he does, the question will follow him everywhere.

Sunday 27 November 2016

Are we all really expected to work until we drop?

Catherine Bennett in The Guardian


As Tony Blair repeatedly confirms, and John Cridland notes in his interim report on the state pension age, a “significant” number of workers who left the labour market before the age of 63 “wish they had postponed their retirement”.

In many ways, the response to Blair’s longing for a second act, in full knowledge of his power irredeemably to contaminate any political project, is a timely reminder to younger workers, as the retirement age rises, of the need to plan ahead. Leave early – whether for reasons of ill health, burn-out or for being universally denounced as an avaricious, world-blighting menace – and it may prove almost impossible, as the TUC recently noted, for the older worker to find another job. 

But with his determination to defy the above obstacles, Blair is also a terrific example of the model, can-do, older worker. One whose undimmed desire to serve – or do incalculable harm to his own side – so compellingly supports the proposition, one especially dear to British politicians, that increased longevity should naturally be accompanied by an ever-extended working life. Cridland, the former Confederation of British Industry chief, is the latest to reassess the retirement age and is still consulting for a report due next year.

As it stands, the state’s reward for scientific advances that should usher millions more people into their 90s is the raised retirement age of 68 (rescheduled for 2041), the highest in the OECD. Behind Cridland’s interim report is the expectation, supposing longevity keeps increasing, that it should be raised again.

Quite why the British older worker should, if only in this respect, have become synonymous with drudgery, has never, so far as I can discover, been explained. Maybe decades of strong tea are what helps our oldest people to become, with their furious, late-onset capacity for record-breaking productivity, the envy of the world. Or maybe younger workers, or the politicians who should represent their interests, are lamentably passive. As it is, with their proved success in delivering, by adjusting the retirement age, what are, in effect, huge fines on generations too youthful and busy to notice, there is every reason for British politicians to continue to impose penalties for age-defying insouciance.

And with so much to divert public attention, now is the perfect time for the pensions minister, Richard Harrington, to mention that he has asked the Government Actuary’s Department to recalculate life expectancy and project what might be a nifty way of relieving younger generations of a few more hundred billion pounds – if the percentage of adult life (from the age of 20) considered eligible for state-pensioned retirement were lowered from the current 33.3% to 32%. “People are living and working longer than ever before,” Harrington said. “That is why it is important we get this right to ensure the system stays fair and sustainable for generations to come.” Or, alternatively, until modern medicine buys the government another year or two’s pension deferral.

Supposing the lower figure were adopted, a pension consultant told the Telegraph, the government “would struggle to find a more politically painless way to take £8,000 off tens of millions of people”. Moreover, if and when affected workers began to make a fuss, many of those responsible would, themselves, be safely retired on final salary pensions, and protected, as Women Against State Pension Inequality protests – by 50s-born women obliged to work beyond 60 – has shown, by intergenerational indifference.

Described by the New Statesman, in its article “Tony Blair’s Unfinished Business”, as looking “anything but broken” – and allegedly reminiscent of the figure whose cojones were so esteemed by George Bush – the tanned Blair, no less than orangeTrump, is, in contrast, a poster boy for the five decades of toil that will, if some pension lobbyists have their way, become the norm in the UK and the US. Trump’s example was somewhat compromised, in this respect, by his age-related insulting of Hillary Clinton. “Importantly,” he said, “she [also] lacks the mental and physical stamina to take on Isis and all the many adversaries we face.”

As many future, almost 70-year-old workers may eventually discover, strategies for reducing age prejudice and intergenerational resentment have failed – largely through not existing – to keep pace with deferments of state pensionable age and the end of obligatory retirement. Outside politics and the BBC, and anywhere else Farage’s “big silverback gorillas” are not delightedly deferred to, the lingering presence of pension-defying, grandparent-age colleagues can, one gathers, be distinctly unwelcome to co-workers – and not only those hoping for promotion within the next century or so.

The recent proposal, by the Financial Times columnist Lucy Kellaway, that older graduates consider, like her, a pre-retirement switch to teaching elicited some wry responses from members of a profession where the average retirement age is 59. For instance: “Teaching is a young person’s game.”
The word “ageism” does not appear in Cridland’s 100-page report, a document that may not only cheer politicians praying for the go-ahead on 70, but reassure anyone who fears – whether from experience, or from listening too closely to health officials, or from reading too much literature – that advancing age and physical decline are in any way connected.

“Old age isn’t a battle,” thinks one of Philip Roth’s ageing protagonists. “Old age is a massacre.” Not any more, to judge by the cheerful Cridland. “Longevity is changing the pensions landscape.”

A decade after Roth’s Everyman, Cridland depicts many of us as promisingly situated for the payment or, rather, non-payment, of pensions, since, with “quite substantial” geographical variations, “healthy life expectancy (the proportion of life someone can expect to spend in ‘good’ or ‘very good’ health) appears to be keeping track with overall life expectancy”. If a man aged 65 can expect around nine years of good health, some will ask: why not use up over half of those at work?

It is for academics and actuaries to judge how Cridland’s analysis squares with the gloomier conclusions of a 2015 government report: Trends in Life Expectancy and Healthy Life Expectancy. Its key finding: “Increases in health expectancies in the UK are not keeping pace with gains in life expectancy, particularly at older ages.”

Still, if Cridland is willing to factor into his pension recommendations the assumption of protracted liveliness in Britain’s long living over 65s, Generations X and Y may want to consider how this sunny outlook might feature in their own career plans. With flexibility on the government’s part they could offer to work, say, between 70 and 80, later if the actuaries agree, in exchange for a state pension in their 20s or 30s. Just in case, through sheer over-optimism, a Cridland-influenced proposal keeps them indentured until the last five years, or less, of healthy life.

Any interested generations have until 31 December to tell Mr Cridland how they feel about becoming the oldest non-pensioners in the developed world.

Sunday 5 February 2012

An Ode to India's Batting Triumvirate







Show me a hero, wrote novelist F. Scott Fitzgerald, and I will write you a tragedy. Sporting heroes come pre-loaded with the tragedy gene. A Muhammad Ali who goes one fight too far, a Kapil Dev who is carried around till he breaks a record, a Michael Schumacher who returns to the scenes of his triumphs but as an also-ran—sport is cruel. The sportsman’s dilemma is simply stated: should he retire when the performances sag or give it one last shot so he can go out on a high? At either end of the performance scale, the temptation is to carry on—either to prove yourself worthy, or to establish there is life in the old dog yet.

Australia’s Ricky Ponting was on the verge of being dropped when he made a century and then a double against India, and must be wondering now how far he ought to push. His inspiration to continue playing, Sachin Tendulkar and Rahul Dravid, are probably wondering too. They have had phases before when nothing went right, but it was business as usual soon enough.

Last year, Dravid made more runs than anybody else in world cricket; the previous year, that record belonged to Tendulkar. Great sportsmen hate to go gentle into that good night; they, like fans on their behalf, rage against the dying of the light. For over a decade-and-a-half, these two, V.V.S. Laxman and the oldest of the group, Sourav Ganguly, gave India their best batting line-up, their greatest victories and their top ranking in world cricket.

Tendulkar made his debut in the same year as the Berlin Wall fell; Nelson Mandela was still in jail, and Mike Tyson was the world heavyweight champion. Now pieces of the Berlin Wall decorate homes of tourists who have visited the site, Mandela has graduated from being a president to a concept, and no one knows who the heavyweight champion is. But Tendulkar plays on, a boyish eminence grise in a country whose average age is nearly the number of years he has been an international cricketer.

Pundits have been calling for the heads of the champions, but what is startling is the reaction of the average fan. That no effigies were burnt and no players’ houses stoned after the Australia tour suggests a level of indifference that is painful to behold.

Clearly, we are in the mourning period; in sport, mourning sometimes precedes the end. But mourning can also be a period of celebration. These cricketers have meant something special to a nation shaking free the coils of mediocrity in so many fields and emerging self-confident and ready to take on the world on its own terms.

At 18, V.V.S. Laxman decided to give himself four years to make it as a cricketer; plan B was a career in medicine, the profession of his parents and many relatives. At 22, Rahul Dravid told a friend, “I do not want to be just another Test cricketer; I want to be bracketed with Sunil Gavaskar and G.R. Vishwanath.” Sachin Tendulkar was 17 when he responded to the standard query on the distractions of big money thus: “I will never forget that it is my success on the field that is the cause of the riches off it.”

 How distant the 1990s seem now. A new India was dawning. A feted finance minister breathed life into the vision of a prime minister whose version of glasnost and perestroika was filed under the less romantic label of “market reforms”. Politicians tend to make poor poster boys of their own reforms. Happily, Tendulkar presented himself as the candidate.

It all seems ordained now, but that is only time imposing order and meaning to events. Tendulkar had everything—he was a Test cricketer at 16, and by 19 had made centuries in both England and Australia. He was so obviously mama’s boy—the manager on his first tour of England, Bishan Bedi, spoke of how all the older women wanted to mother him and the younger ones seduce him—and patently non-controversial. And he had the best straight drive in the business; and in the early days a fierce way of handling the short-pitched delivery that reduced those fielding on the leg side boundary to mere ball boys and collectors of the cricket ball from the crowd.

Received wisdom is that India’s climb to the top of the rankings began with that epic Calcutta Test against Steve Waugh’s Australians, who had won their previous 16 Tests in a row. Laxman’s 281 and the 376-run partnership with Dravid ensured India won the match after following on.

The more likely candidate for the turnaround is the Headingley Test of 2002. India won the toss on a seaming track made-to-order for the England bowlers. Nine times out of ten, they would have, as a defensive measure, fielded first on winning the toss. But this was a new India and new captain Ganguly decided to bat. India played two spinners and didn’t pick opener S.S. Das who had made 250 against Essex in their previous match, preferring Sanjay Bangar for his medium pace bowling and adhesive batting.

It worked. India made over 600, with centuries from Tendulkar, Dravid and Ganguly, and won by an innings. It was reward for boldness, imagination and supreme self-confidence.

For a decade and more, that middle order (now strengthened by the arrival at the top of Virender Sehwag) planted the Indian flag on grounds all over the world—at Leeds and Adelaide, Multan and Harare, Kingston, Johannesburg, Nottingham, Perth, Galle and Colombo.

Individual records came as byproducts of team efforts. Tendulkar’s driving on either side of the wicket was sheer joy. As a 16-year-old, he attacked the leg spinner Abdul Qadir, hitting him for 27 runs in an over. It wasn’t an official international, but it brought together the batsman’s impetuosity and creativity in one nice packet. He was actually beaten in flight once, but trusted his instinct and his forearms to hit high into the crowd.

Where were you when Tendulkar made his Test debut? In India, opposition parties were coming together under the banner of the National Front and projecting V.P. Singh as the “clean” alternative to prime minister Rajiv Gandhi. V.P. Singh took charge while the Indian team was in Pakistan, and Tendulkar was taking his first steps towards cricketing immortality. Those not yet born when Tendulkar made his debut are well over the voting age now.
It is a difficult idea to get your head around—the idea that one individual has been a part of our national consciousness for so long. For those who see everything in black and white, it is easy to ask for the heads of our cricketers; the ingratitude of fans is a running theme in sport. But Tendulkar, Dravid and Laxman have an influence well beyond runs made and victories achieved.
For one, it is entirely possible that Indian cricket itself might have taken a long time to recover from the match-fixing allegations a decade ago. Skipper Mohammed Azharuddin confessed to having manipulated results and without the obvious integrity of men like Dravid and Laxman, and those who have retired like Ganguly, Anil Kumble, Javagal Srinath and Venkatesh Prasad, the game might have been destroyed.

Significantly, these batsmen brought to the game an Indianness, the inherited technique and uniqueness of a nation that is sometimes reduced to the cliche, ‘oriental magic’. You can bowl to Laxman anywhere you want, and he will use his wrists to send it between fielders on either side of the wicket. There is no apparent effort, only the most elegant of bat swings, visually all curves and gentle arcs. Laxman’s bat makes no angles to the wind.

Dravid, the man who chose to “walk” when on 95 on his debut at Lord’s, formed a wonderful relationship with Laxman. They have taken over 300 catches between them at slips, and they relax, as Dravid explained, “by talking about our families, the plumbers and carpenters when we were building houses and so on”. When you saw a serious look on the ever smiling face of vvs at slip, it was probably because he had just realised that plumbers in Hyderabad charged more than those in Bangalore. It didn’t matter. What mattered was the camaraderie, and the fact that nearly every catch was taken.

These three players have played 118 Tests with each other. For Tendulkar and Dravid, make that 146. That’s nearly two years in number of days, and if you add the one-day matches, the travel, practice days and camps to that, that’s more days spent in each other’s company than many couples stay married.

Dravid has scored more runs for India than Tendulkar in the same period, a statistic that is not widely known or appreciated. One of the great sights in recent years has been his authoritative square cut or the pull that brooked no response, played while his helmet dripped honest sweat over a long innings. Year after year, we believed when he was batting that god was in his heaven and all was right with the world.

In their growing years, players make huge sacrifices, leading an almost monastic life, the focus on the game and nothing else. By the late 30s, when other professionals—the accountants and managers who do not cause a nation to stand up and demand their resignation—are looking to settle down, the life of a sportsman is over. Your brief career is done, but you have a lot of life left. How do you cope if you are not into the media or coaching or the cauldron of politics known as cricket administration? Especially since cricket is all you know. At 30, Tendulkar was asked what his favourite book was, and he answered with child-like charm, “I haven’t started reading yet.”

The players may not fully understand their future yet; but ironically, we do not fully understand their present (or past) either. The Owl of Minerva, wrote Hegel, “spreads its wings only with the falling of dusk”. We understand a historical condition just as it passes away. In the next couple of years, as we come to a greater understanding of what Tendulkar and company meant to us, let us not regret anything crass in the manner their twilight years were handled. Indianness and integrity have been important aspects of the cricket of the threesome. Indian cricket needs to handle such stalwarts with dignity and maturity.

There is a sense that an Indian team will change from being an old-fashioned one (in terms of behaviour, “old-fashioned” is a compliment) into a modern, unimaginative one where joy, sorrow, exasperation, irritation, ecstasy, sense of achievement, aggression, love and all emotions are expressed with a four-letter word or its many Indian versions involving close relatives. Virat Kohli is a superb batsman and a future India captain, but his response on getting to a century in Adelaide was juvenile. The Kohlis and others like him need to learn from the earlier generation about self-respect and respecting the game itself.

Not that the older lot have been pussycats, rolling over to be tickled. Initially, Dravid’s shyness was mistaken for weakness, but not after he responded to an Allan Donald taunt in the course of his first century in South Africa. The Bangalore boy told the fastest bowler in the world to assume an impossible anatomical posture, not in those words exactly, but in a crisp, short phrase.

The message went home not only to that bowler but to all bowlers around the world. No one tried riling either Dravid or the other two again.

Indian cricket may be at the crossroads; the retirement of the great players will see the end of a civilisation as we know it. But the Tendulkars, Dravids and Laxmans—seen by many as part of the problem now—can easily be part of the solution. India’s next series outside the subcontinent is in Zimbabwe in July 2013. Then come the series in SA and New Zealand. Time enough to rebuild.
Not so long ago, we used to canonise our heroes. The modern method is to spit at them. Our great players deserve better.


(Suresh Menon is editor, Wisden India Almanack, and author of Bishan: The Portrait of a Cricketer.)