Is RETIREMENT really a choice today?!
Lets roll back a decade or two - the early stages of Information Technology or Information technology-enabled boom. I belong to that decade. I graduated, had a fairly good english language proficiency. This enabled me to get a job in one of the earlier GCCs established in our country. Over the past decade and half, this job with the regular promotions and increments, helped me steadily migrate economic classes. Today I have a decent standard of living, a standard which a decade and half back, I would assume "luxury" given my economic strata. This must be true for most of us who passed out in 2000s - 2010s. And all of this happened because of a single reason - "the labour arbitrage" - availability of cheap "skilled' labor in our country viz-a-viz the cost of doing the activity in the parent nation of the employing country (The US, Europe & Australia to some extent). With this backdrop most of us have lifestyle that...