I know a lot of older who worked hard all of their life retired had nothing to do but sit and watch tv they died within a few years of retirement some people work out of boredom
An exec for Wendys huh? I'm sure he saved up a ton of money.
There's a lot of older guys out there who claimed to make all sorts of money. In reality, every older person I have met that is well above retirement age, and working their tale off still is because they did not adequately save up for their retirement, or they blew it on foolish things early on.
People who are 76 years old, and working non stop do so because they need the money. If he didn't need it he would belong to extra curricular clubs, and taking cruises. He would go live in Florida during the winter like most older people with money do this time of the year.
The lie that they want to keep busy, and work a job doing taxes for $12 an hour or whatever they make is just that...a lie.
I know a lady who is 67, walking with a cane, and has all sorts of physical problems, but continues to work at Wal Mart grave yard shift so she can keep the roof over their heads.
It's all a façade...I've met a lot of older people that try to present themselves in a way to make them appear like they were successful in life, but when you look deeper, and notice certain things, you realize they were no more successful than most everybody else out there.
Remember...you only live ONCE. (As far as we know or have evidence of)
Do you LIVE to WORK or WORK to LIVE?
Life is about the choices you make.
"I've learned that making a "living" is not the same thing as making a "life."" — Maya Angelou
From another tangent - you can work hard now, play hard later .. or play hard now and work hard later. This choice is also yours to make.
I'm comfortable, but I also want to be comfortable for the 30 years I won't be working.Seems to me it's work hard earlier, work hard now and probably work had later.
What is an acceptable standard of living? It varies by person, but based on studies i've seen, once you achieve 'your' acceptable standard you stop and smell the roses, so to speak. Few keep working harder after they are 'comfortable' - whatever that means to you.
Remember...you only live ONCE. (As far as we know or have evidence of)
Do you LIVE to WORK or WORK to LIVE?
Life is about the choices you make.
People who are 76 years old, and working non stop do so because they need the money. If he didn't need it he would belong to extra curricular clubs, and taking cruises. He would go live in Florida during the winter like most older people with money do this time of the year.
From another tangent - you can work hard now, play hard later .. or play hard now and work hard later. This choice is also yours to make.
I'm comfortable, but I also want to be comfortable for the 30 years I won't be working.
In that case, my wife enjoys her retirement even more ... my kids are in their late 20s .. I spend enough time with them.That is a big assumption. You could also retire, and fall ill 3 months later. You also could be physically unable to travel when you are 80 years old. Might be a better option to do all that you want to do, and spend more time with family while you are younger and are healthy.
I'm not really sure who you compare yourself to .. I enjoy things now, travel with my wife .. did a lot with the kids when they were younger. If you find the "right" job, it's rarely "work".View attachment 31483
Virtually everyone is broke...just at different income levels. What is the point of working your life away if you never had much time off to enjoy yourself? The notion that you will be able to do all that you want to do when you are old, likely unfit/unhealthy to do those things if you work your life away for 50 years is perhaps the biggest mockery of the Human Race.
You could contract a major illness and die a few years from now. If that happened, I bet you would have wished you had more time off in the past to do things you wanted to do, or be with loved ones.
Working Our Lives Away
I'm not really sure who you compare yourself to .. I enjoy things now, travel with my wife .. did a lot with the kids when they were younger. If you find the "right" job, it's rarely "work".
I don't know of any other living species on the planet that 'retires.'
There is nothing natural about retirement, it's just a polite way for business to call someone: "too old and expensive to continue working for us."
That is a big assumption. You could also retire, and fall ill 3 months later. You also could be physically unable to travel when you are 80 years old. Might be a better option to do all that you want to do, and spend more time with family while you are younger and are healthy.
There comes a time when it's time to stop working, and enjoy your time off.
You wouldn't catch me working 60+ hours a week. I think it's crazy, and unhealthy for people to do so.
That is a big assumption. You could also retire, and fall ill 3 months later. You also could be physically unable to travel when you are 80 years old. Might be a better option to do all that you want to do, and spend more time with family while you are younger and are healthy.
Call me an Ageist, but I believe nobody above the age of 79 should be allowed to continue to work in Congress, or any part of Government. Then again, I also believe in a max of 20 years term limit in Congress.
There comes a time when it's time to stop working, and enjoy your time off.
You wouldn't catch me working 60+ hours a week. I think it's crazy, and unhealthy for people to do so.
The fact that you might not live forever shouldn't prevent people from saving for financial independence. That's really a better term than retirement. Most people I know would like the ability to choose the work they want as they please... if I'm not mistaken, that's what this very thread is about.
Ricky, you may be choosing more free time in your 30s. It's not our business here to judge you. But, I'd prefer to work more now and save so that I don't have to work forever. I save about 20% of my gross income for that very purpose. I don't do that at the expense of enjoying myself now... but I know the math (I do that math for literally hundreds of people during the day).
The math supports that you're correct. 1 in 3 Americans barely have anything at all saved to create financial independence. Either because they can't, don't know they should, or don't know how. But that isn't a fact to be celebrated. It is honestly a tragedy that is actively happening in our nation. But I'm certainly not going to actively become a part of that statistic by guessing how long I might live after I choose to retire.
For me to save for retirement would require a change, for the worse, of my lifestyle now. and for others.
And I'm not the only one in this position.