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Author Topic: On retirement  (Read 593 times)
LogitechMouse
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December 08, 2023, 10:30:14 AM
 #21

We have different perspectives on retirement.
As for me, my definition of retirement is that you can do everything that you want without any hindrances whatsoever.

Retirement for me doesn't mean that you will stop working because as long as you can still work, as much as possible work for you to get money. Retirement for me means that you can do everything of your own free will. Some want to do something but they can't because they have a 9-5 job. I've seen many old people who are still working even though they are at the age where they can retire because they love what they're doing. That's my other definition of retirement. To do everything that you love of your own free will without thinking of anything that will just make you stressed.

Overall, different people have different definitions of retirement, but if you can still work for some reason then at least work as long as you love what you're doing.

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December 08, 2023, 11:18:44 AM
 #22

We have different perspectives on retirement.
As for me, my definition of retirement is that you can do everything that you want without any hindrances whatsoever.

Retirement for me doesn't mean that you will stop working because as long as you can still work, as much as possible work for you to get money. Retirement for me means that you can do everything of your own free will. Some want to do something but they can't because they have a 9-5 job. I've seen many old people who are still working even though they are at the age where they can retire because they love what they're doing. That's my other definition of retirement. To do everything that you love of your own free will without thinking of anything that will just make you stressed.

Overall, different people have different definitions of retirement, but if you can still work for some reason then at least work as long as you love what you're doing.

In many countries, pensions are so small that a person is often forced to look for various part-time jobs (if health permits). Therefore, not everyone can enjoy their free time. Yes, there are few options for pensioners to earn money, but they are there
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December 08, 2023, 11:41:57 AM
 #23

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

This concept of retirement are been refer to as working under a government institution or employed under someone. If they are not amongst the two aforementioned, there won’t be a case of retirement unless the person is not capable of working again due to a disability or aging. Retirement is more like working under the control of someone for a particular time before for a deadline to give space to others. Having passion for a work you’re doing cannot stop you from doing it even after retirement, you can always continue to work on your own and being your own boss if you have the means to start it up. Mostly those that are employed under a person initially don’t always get the chance to be a boss of their own even after retirement because of the time they’ve spent building other people’s business instead of their own.

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December 08, 2023, 11:56:43 AM
 #24

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
If you come to the retirement age it doesn't mean you can now relax and stop what you like to do. If you love your job and wanted to continue working that would be fine as long as the employer continue to hire you. Some old people really want to continue working as they fee like they are getting weaker everyday if they do nothing. Unlike if they continue working, they muscle gets enough exercise and they feel more productive than do nothing and sit inside their home.

It's all about your choice whether you completely stop working and enjoy your pension or continue working to earn extra money and be productive everyday by moving around and working as usual.


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December 08, 2023, 12:01:10 PM
 #25

For me, the term retirement refers to not being forced to do any work, so that if I do not go to work, I will not struggle to pay the rent or buy the necessities of the day. It may not necessarily mean getting older as much as having enough money for the rest of my life if I decide to live a normal life. Or in other words, according to my country, the amount of $2,500 is sufficient for an average life, and therefore I consider retirement as my obtaining one million and $200,000 as sufficient costs for 40 years from now.
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December 08, 2023, 12:47:30 PM
 #26

 I guess it boils down to whether your job feels like a chore or a passion. If you love what you do, retirement might just be a chance to switch gears rather than hit the brakes.
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December 08, 2023, 01:45:36 PM
 #27

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
Perhaps retirement is also very different depending on a country. In my country, retired people receive pensions from taxpayers' money, but the system has been getting worse alongside with the worsening economic conditions on my country, so fewer and fewer people are considered eligible for pensions, and the amount of money provided by the government as a pension is usually well below what's necessary for survival, so people have to either continue working, or rely on their younger relatives to provide them with some support. To me, the idea of retirement is about slowing down, stopping to work as much as before. But a person can and should still continue to do meaningful things that they enjoy, so that life remains fulfilling and worth living.

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December 08, 2023, 02:43:50 PM
 #28

I think retirement has to basically do with the fact that one has made up their minds willingly or voluntarily to take a break from working or one has reached the age at which they would need be retired from working. At this age, the rate at which their productiveness was before had declined and would need a productive age to take over from them.

On retirement,  if you are a public servant, you will be entitled to gratuity and pension which should be paid to you but if as an individual, you should have a multiple streams of income running with huge return to sustain you and cater for the needs of your family and loved ones. But even at that, one needs to be very much active and engaged in other activities to keep life going. This activities can be what they like doing most to catch fun while they are still strong and healthy.

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Spaceman1000$
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December 08, 2023, 03:17:26 PM
 #29

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

Well in the ordinary, retirement sounds like it's game over for an individual but I think there is more to life than waking up everyday and just going to your place of work as a routine. There are some fundermental factors that keeps the individual going even after retirement, now if you have been working in a Government or private organization where you served for decades and it comes to the point where you are ready for retirement, it becomes an opportunity for the individual to explore new horizons, take on new adventures or endeavours that will add value to him or her in the future, because retirement is not tiredness, you could be a consultant in your field of expertise because of the wealth of experience you've gathered over the years.

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December 08, 2023, 03:52:24 PM
 #30

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

Many of us dream of retiring when we reach the age of retirement, but when we finally reach that point in life, we find ourselves with nothing to do. I know many people who have retired and then returned to their old jobs or found a similar one because they had nothing to keep them occupied. Sadly, some people can't even afford to retire because their salary is not enough to support them.

Hopefully, I can retire at a nice age to enjoy a relaxed life, enjoying vacation in many countries, living a life without problem in financial.
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December 08, 2023, 03:56:33 PM
 #31

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

To my understanding, retirement means to stop working actively for money and that's doing your regular 9-5 jobs or still doing a job that needs your presence for it to function properly. You can retire, yet you're still working but it won't be the job you retired from. Retirement doesn't mean you'll stop making money as when you plan your life very well, you can make more money when you retire.

You can use your retirement funds to invest in businesses that can either bring cashflow or capital gains for you. Retirement gives you time to focus on other things and you can use your hobby to build wealth which is something you won't have been able to do when you were still actively working. People are scared of retirement because to them it means they'll stop receiving salary and that's modern day slavery.

We're so out of touch with financial education that we don't know other means to generate income apart from salary. We have different ways we can make money without having to be actively working to earn salary like from passive income, cashflow, capital gains from investment and so on. Retirement is actually good then been bad as people make it to look like and to enjoy our retirement, we have to start planning from now on how we want our retirement days to be like whether we want it to be work free or still want to be doing smaller jobs to keep the cash coming in.

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December 08, 2023, 04:04:38 PM
 #32

I don't know how's life in other country but in here where I live, nowadays I don't think retirement is still that much relevant. I could divide people into two groups, the first one is people who doesn't has many option for their job just took any job, most of the time low-paying job, they most likely hate their job, but they can't afford retirement because there is no money left from their salary to be saved. The other group is people who are people who can get the job that they like and they keep working even after the age of retirement, even after they quit their job they still working sometimes as a consultant, even tho they can afford retirement they do not completely retired.
My country's life is similar to you, Because i see here also two groups likes Government job and private job, In government job, they look forward to their retirement because they get a lot of money, On the other hand in private job holders didn't nothing because they have no provident fund, but not every private companies, I see top private companies have good rules.

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December 08, 2023, 04:13:57 PM
 #33

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement. 
In our area retirement indicates that people have entered sufficient work period as given by the company and the government, they will get compensation in the form of security deposits from the workplace. Usually working in the government sector has a guarantee of old age so that many people in our area are competing to find this job. There are many things that can be done when entering retirement and taking some money to build a business or just enjoy old age.

Some people who have achieved good financial freedom will enjoy retirement in far more productive activities such as joining the social community or developing their hobbies. So that they really enjoy old age as planned and when successfully enjoying it, I think we have prepared a good life before retirement arrives.

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December 08, 2023, 04:27:43 PM
 #34

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
Well at OP, if you feel you are trying to make some sense but doesn't know what it is all about,  I can tell you that there had been much more of senses from your thoughts of discretions.
Like I read about the saying that. The best job one is offered is the he/she finds pleasure in doing because you are liable to work overtime and even under pressures and the multitasking without feeling thr loads of stresses.
This just how it feels when you works on retirement that you wished never to be retired. Well, you just have to well okay, I am only retired but never tired because you still feels the vibes and energy to do more.
So at such point of retirement, the retirees may love to establish oneself on a private sector to stil continue and exercise that which they feels better of doing at the same time earning profits out of it.
I know about several legionaries who had sometimes served in the military but due to the terms of passions and the knowledgeable experience attained, after retirements, they either feels such possessions are being hindered wasteful while still active and necessary to be in used. So they choose to establishing some security private and individual firms as an organisation with super civilian and other enforcement agencies incorporation to offering of security services either to the government or the individual sectors.
All gazes to the exercises to still put your pleasury abilities in practice at same time creating wealths after retirements.

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December 08, 2023, 04:48:39 PM
 #35

Currently I am still working, but I already have an idea of what I will do when I retire so that I can stay active and earn extra money besides my pension.
And we will definitely experience retirement and like it or not we will have to retire even though we still want to work and earn an income, even though we are still strong and healthy.
When I retire, I plan to buy land next to the house so I can use it to raise goats and also grow vegetables or tubers. Apart from that, I can also use the land for fish farming and so on. Even though I have never experienced these things, these things are challenges and activities for me to enjoy old age or retirement and apart from being consumed, I can also sell them for income. And that has become my plan and picture, when I retire.
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December 08, 2023, 04:56:49 PM
 #36

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

This depends on the person, there are retirees who don't like working, there are also retirees because it's time to retire from their job and usually those who like to work after retirement will look for their own activities because they don't just like it. sitting around relaxing at home because he is used to working.

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Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

For me, retirement is important. Because retirement is an important phase in life that must be prepared well. Many people who do not prepare themselves well end up experiencing financial and psychological difficulties when retirement arrives. Therefore, it is important for us to prepare ourselves from a young age before entering retirement, so that we can enjoy retirement calmly and happily.

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December 08, 2023, 05:00:31 PM
 #37

I think it scares me a little bit when we think of retirement because we are so occupied and committed to our current job that we rarely take time out to go on holidays or what we really want to do, we are like a bounded labors who just sleep, travel to work, work and then repeat. If we think we are going to retire or think of retirement we feel somewhere we forgot to live our life and rather surviving all these years. If I had to plan retirement I would retire in some remote hilly village and take up farming as an hobby to pass the time.









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December 08, 2023, 05:22:13 PM
 #38

The key difference is that in retirement, they have the freedom to choose what they want to do, when they want to do it. They can create their own schedule, set their own goals, and define what "work" means to them in this new phase of life.

This freedom allows them to explore their full potential, discover new talents, and contribute to society in ways they never thought possible. They can become mentors, consultants, entrepreneurs, or simply active members of their communities.

Therefore, retirement should not be seen as the end of productivity or contribution. It's a chance to redefine those concepts based on individual values and aspirations. It's a time for personal growth, exploration, and giving back to the world in unique and meaningful ways.

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December 08, 2023, 05:54:06 PM
 #39

Consider retirement as an entry, not a departure, into a second act in which passion meets liberation. For individuals who are passionate about their work, retirement becomes a renaissance opportunity to turn professional passions into a tapestry of leisure.
It's an encore performance of a lifelong symphony, an opportunity to write a song of fulfillment and inquiry. As one chapter closes, retirees become writers of a story in which work and joy effortlessly mix, providing an opportunity to appreciate the encore of a life well-lived.
I disagree with you buddy. Retirement is a total departure of the nature of work you do. When you retire it does not mean you have totally stop working it only means your done with the nature and level of work effort you have been putting in a particular job or skill. With retirement i feel like you can do more of the managerial aspect or create your own business by then you only super sees the business, nurture it and watch it grow. So your not doing the hard labor because you have to employ individuals who will do it for you. By so doing your are still working while you have retired. There will be a time where you could pass down the company or business to your heirs and have a share in it. By this time you are not even do the managerial part anymore, your heirs runs it and gives you your shares at the stipulated time period.

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December 08, 2023, 06:02:59 PM
 #40

Let's be honest, if a person loves what they do, they will probably find a way to do it after they retire. How do you see your average return? In many countries it is difficult to live on a pension alone, so it is necessary to look for additional types of income.Cryptocurrency is just what you need, you could say it’s a hobby in retirement.
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