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Author Topic: On retirement  (Read 593 times)
lizarder
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December 09, 2023, 01:36:15 PM
 #61

Yes, retirement is doing something you want to do. It's been years now since I stopped doing the 8-5 daily office cycle. I missed it somehow and I might take another 8-5 if it's I am very interested, like traveling and maybe teaching history or social studies.

However, my main goal is to have a stable business that is inclined to my hobbies and interests. The difference though when having a business is there are risks like losing money and failing to profit. While having an interesting job in a company is financially risk-free.
When someone is still actively working and he can make good use of his money then when retirement arrives his life will definitely be much better and he won't have to work as hard anymore. You must have prepared yourself thoroughly when you decided to stop working 8-5 every day and the goal of stopping was accompanied by another desire to develop your potential in business. I am also a small business owner selling clothing and the life I live is much more independent than working under someone else's system.

There will definitely be risks when we intend to develop a business just like we invest in bitcoin. But speaking of freedom, developing skills and time are efforts that we organize ourselves so that work will be much more productive. Working in the government and corporate sectors is regulated by their system even though the level of risk is small, but talking about freedom and hobbies we will have a little difficulty developing them.

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slashz9
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December 09, 2023, 02:09:54 PM
 #62

if you want to retire you can do what you did before but couldn't do it because there was no time or something was a priority at the time and you couldn't do it.
Ordinary people will garden, fish, raise animals.
Maybe my advice can remind you of events from your past.
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December 09, 2023, 03:00:22 PM
 #63

I feel like even if you like your job, you'd still want to retire at some point. Cause you would still want to take a rest especially if you're getting old. And you will also want to enjoy the remaining time you have before your body cannot do that anymore. Unless it's your own business that you need to keep running because it becomes your life. However, for regular employees or worker, even if they enjoy their job, I think they will still choose enjoying their personal life than just continue being at work.

Though I know someone who already reached her retirement age few years ago but still choose to keep working. Tho her situation is kinda different. She doesn't have any child, her husband already died, her relatives live separately and if she stopped working, she'll have nothing else to do living in her own house alone.
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December 09, 2023, 03:14:17 PM
 #64

Mark Twain said —> 'Find a job you enjoy doing, and you will never have to work a day in your life.'  ....so I reckon those people will not want to retire, they will just keep doing what they are doing.

I think most people should just get a hobby that generate some income to supplement their retirement income, so that they are busy while they are on pension.  Wink

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December 09, 2023, 03:21:42 PM
 #65

Every person has to retire at some point. While retirement is pleasant for anyone, most people remember those working days the most after retirement. For those who have sufficient income, leisure time is very good. But on the contrary, for those who are not in good financial condition, it is a very miserable chapter because even if they are exempted from a particular job, they have to get employment in some field or the other. Their free time to make a living becomes more difficult. Normally after a certain period of time people do not have enough energy for work but at that time retirement is a negative word for them when they have to do compulsory work.

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December 09, 2023, 07:00:30 PM
 #66

In our country retirement is not something that most people think about, not unless you are privileged. Most people work their ass off as long as they can, even working with a minimum income in their old age. There's also a stigma where people tend to use their children to support them at their old age. So, I don't think that people in our country put a lot of consideration in the term "retirement". But if I were to choose I wouldn't mind if I'll be working on my retirement days as long as I am enjoying what I'm doing, either cooking, starting a small business, or whatsoever. I don't want to spend the rest of my days being idle just waiting for days to go by.
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December 09, 2023, 07:48:06 PM
 #67

if you want to retire you can do what you did before but couldn't do it because there was no time or something was a priority at the time and you couldn't do it.
Ordinary people will garden, fish, raise animals.
Maybe my advice can remind you of events from your past.
If I understand what the OP said, there are actually two kinds of desires that are born from different people. The first is people who want to retire before the time comes and the second is people who have to retire when the time comes even though according to their wishes the person still doesn't want to retire. But because time has forced these people to retire, there is no other choice but to follow existing rules and such people will usually continue to work at what they like even though they are no longer tied to any agency in their lives.

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lixer
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December 09, 2023, 07:48:40 PM
 #68

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,
I can't help but wonder how a person can work all his life on a job that they don't like, so what I believe is that a person who retires most likely likes their job which is the reason why they have given so many years of their lives in providing their service to that job, thus, they will try to find ways after retirement to try still and live the same life that they used to live when it comes to work because it's not easy for them to let go of their passion after so many years.

Even when you don't like something you start getting into the habit of it if you do it for some reason, so if you like doing something, it will be a different ball game altogether, and it will be difficult for a person to let go just after their retirement which is the reason why they keep trying to have the same experiences that they have had for the most of their lives.

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December 09, 2023, 07:55:01 PM
 #69

Every person has to retire at some point. While retirement is pleasant for anyone, most people remember those working days the most after retirement. For those who have sufficient income, leisure time is very good. But on the contrary, for those who are not in good financial condition, it is a very miserable chapter because even if they are exempted from a particular job, they have to get employment in some field or the other. Their free time to make a living becomes more difficult. Normally after a certain period of time people do not have enough energy for work but at that time retirement is a negative word for them when they have to do compulsory work.
What do we do after retirement? We engage in recreational activities and having fun with our loved ones. Physical labor that drains our energy should be well compensated because it consumes a considerable amount of our time and energy. Perhaps this is what motivates the majority of our young people to strive for greater heights. Working at the appropriate time has significance in the present-day environment. Retirement is for those who have worked extremely hard and want to enjoy the fruits of their labor. Most working-class folks do not have retirement plans; they simply go with the flow of the system.

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December 09, 2023, 08:32:06 PM
 #70

Retirement is the time one should enjoy the benefits for  the years of actively working or serving a boss inorder to retire at an age as this.
No much risky business to spend frivolously on should be attempted and if there's still a passion to pursue a dream, please do, because the next of kin would be waiting to inherit all we had worked for without as little as a  thought .

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December 09, 2023, 09:11:39 PM
 #71

Retirement is something that you should not forget to prepare to and should also be in your top list.
We all want to retire happy, healthy and of course financially ready so if you still have time to prepare for that, better to do it now and look forward for that time while enjoying the present. Now, the only concern here is how to prepare for retirement? Crypto can be a good market to save some for your retirement but of course, you should not forget diversify and look for other options too, it can be good if you know how to invest properly and play long.

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December 09, 2023, 10:14:52 PM
 #72

In our country retirement is not something that most people think about, not unless you are privileged. Most people work their ass off as long as they can, even working with a minimum income in their old age.
This applies to most countries.

There's no word anymore about retirement, the thing is as long as you can work your ass off until your death then that's all what a person needs to do.

Go to places like Singapore and Japan, you'd see people working even they're already old. The work culture has been sticked to them and there's no thought of them going into retirement.

I guess that the new generation still has some good thoughts on this topic about retiring when they are able to. Because if you talk to someone young about this matter, they have specifics on it but anyway, someday they'll be welcomed by the reality.

On the other hand, retiring is like having $1M-$100M and you're good until the remaining years of your life.

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December 09, 2023, 10:18:59 PM
 #73

Retirement is the time one should enjoy the benefits for  the years of actively working or serving a boss inorder to retire at an age as this.
No much risky business to spend frivolously on should be attempted and if there's still a passion to pursue a dream, please do, because the next of kin would be waiting to inherit all we had worked for without as little as a  thought .
I know this is what the world is and how it works but don't you realize how fucked up the concept of it is? You literally have to kill yourself by working for years/decades on end, and the only recompense you get for doing so is a pat on the back and a hallway pass for you to be able to enjoy your last remaining years on life. I don't know about you but I don't want to retire like that my dude. Retirement for me is being able to make the most out of my life and my time without having to worry about my finances at all, and I think you could achieve that with fair ease if you happen to know about financial freedom and are able to integrate it in your life.

Make no mistake, I like the idea of having no worries in your sunset years, but you could also do that with no problem if you shoot for an early retirement plan.
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December 10, 2023, 06:15:32 AM
 #74

A person can get retirement only at the age which government mentioned in the rules of a specified job. I think the age after 60 is the age which is for rest so if someone is active enough after 60 years then they can do another job because after retirement its up to a person desire that what they wish to do.

When a person is engaged in a government job then he cannot do another work but after retirement he get an opportunity to be a part of another job. Now a days inflation is so higher that even after retirement a person wants to earn more because expenses cannot be handle with a single salary. A person wants to create ways of earning so age does not matters currently and if someone retired from one job then surely then are in search of getting another one to fulfill their needs.



 

 

 

 

 

 


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December 10, 2023, 06:55:27 AM
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 #75

You still have to do something after retirement, do you know that you will get bored at one point? Every challenges in our lives are most times adventurous and this is why it's bad to do something you don't have passion for, if you are doing a job for money only you will hate the job easily.

Even after retirement and you don't do anything, well I believe it's not healthy, you can't just be by yourself not going about stressing yourself, you need to do some things.

My own retirement plan is to reduce my stress on money making and go the easier route using my money to make more money, also I would have grow older by the time too, it's already normal to reduce stress and enjoy the rest of my days.
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December 10, 2023, 07:32:54 AM
 #76

It helps keeping link with your own industry even after you have officially retired. In businesses there is no official retirement but passing on the baton to the next of kin or something similar.

You want to lead a healthy retirement, try to be active more so in household work and in helping the younger generation grow. Stay involved in the family work and dont be a grouchy old person. That way your mind will stay fresh and avoid the boredom and gradually more diseases will creep up your prescriptions.

Take more vacations but be mindful of people around you. Not every person has a happy retirement, but it is possible with effort.

R


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December 10, 2023, 07:47:00 AM
 #77

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.
Having a favorite job and a job that makes money always forces us to choose. In life, I have heard many people talk about a job they love that brings them a stable income, but if not, I think it is the passion for that job or perhaps they are the type of people who do not attach too much importance to material things.

To be honest, I also wished that something I loved could help me pay for everything in life, but the harsh truth gave me a slap to wake up that my own limited capacity had not allowed me to do anything. Allow me to freely do what I think. There are many forced things that make us stressed, but we still have to accept them and go with them until we are allowed.

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December 10, 2023, 07:52:38 AM
 #78

What term retirement usually denotes to is, to stop working.
That is an inaccurate definition, retirement is where your employment contract status must be terminated after reaching a certain period of work which is generally regulated in state law or internal regulations of the company or superior. This has absolutely nothing to do with people wanting or not liking their jobs. If you don't like your job, you can leave before you retire.

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December 10, 2023, 07:56:38 AM
 #79

the idea of working nonstop until my retirement comes terrifies me i don’t want to spend my entire life confined deep in work and not to be able to appreciate life while i’m still young i feel like if i wait until retirement to really have an adventure i would regret it but i would not be able to do anything since i can’t possibly go back in time

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December 10, 2023, 08:13:18 AM
 #80

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,
Pension will indeed be quite a complex topic to discuss. Because there are so many topics that need to be discussed regarding retirement. In fact, the term retirement now doesn't just mean old people who have to stop working because they have reached retirement age. But nowadays it has become quite a trend in society, especially among young people who have planned their lives so that they can retire while they are still young. And usually these young people mean the term that we actually usually call financial freedom. Because to be able to retire at a young age, of course someone must really have thorough financial preparation. Like having enough savings to last a lifetime or having passive income that continues to flow even though we have stopped working. Usually by investing or by owning a company that is managed by people we trust.

Sadly, currently there are many parents who have reached retirement age but they cannot stop working yet. Because they still need money to meet their needs. So they are forced to continue working even though their energy is starting to weaken because they are no longer young.

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