Frankly it seems rather obvious to me that as the years go by, Singaporeans will tend to retire later and later. And that's because they will slowly but surely come to understand that they are living longer and longer. Life expectancies for Singaporeans have been slowly but steadily creeping upwards year after year.
My hope would be that over the next decade or so, the Singapore job market evolves such that employers become much more flexible in how they employ people (in terms of working days and hours etc).
For example, if you're a senior citizen, the thought of working full-time may be somewhat daunting or painful; you might not have the stamina or energy; and furthermore you may not even need the full-time pay. But you may actually like and do well in a job for which you only need to work, say, five half-days a week only, or three full days, or only on a project basis etc.
I can also imagine a future Singapore where many senior citizens are happy to be working. See, in your 20s to 50s, you probably work mainly for money, since you need it to pay your mortgage and raise your kids. As you grow older, those liabilities eventually come to an end, and you will also (hopefully) have accumulated a decent nest egg. Paradoxically, as a senior citizen, this frees you to work at jobs which you choose because you enjoy the work, and not merely because it pays you well.
Anyway, here is, in my opinion, Singapore's most inspiring senior citizen. She founded the Home for the Aged Sick in 1965 and she served as full-time Matron of the home until she was 85. Today she's 107 years old, she's still taking care of the old (you know, those poor folks 10, 20 or 30 years younger than herself), she recently helped orphans in Cambodia and she's also become an award-winning yoga teacher.
The remarkable Teresa Hsu.
This makes you think twice about the meaning of old, doesn't it?